Chip Shortages to ‘Persist’ Into 2022: Fitch
Semiconductor supply constraints will “persist longer than anticipated, intensifying and likely extending the current cyclical upturn into next year,” reported Fitch Ratings Thursday: Industry previously expected this to “dissipate” in 2021's second half. Recent setbacks, including Texas storms in February…
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and Taiwan’s prolonged drought, “exacerbated” supply constraints, said Fitch.