What’s the deal with the semiconductor shortage?
NC State SCRC
JULY 6, 2022
It was 40% by 2020 and it’s likely to be 45% by 2030. When the pandemic hit, the automotive companies were immediately afraid that there would be a drop in demand for vehicles. So the car companies went back after and told chip producers, we we’ve made a mistake. Well, as we all know, demand spiked. Get used to it!
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