Title: 5 Semiconductor Stocks to Buy as Supply Shortage Boosts Demand | Nasdaq
Headings: 5 Semiconductor Stocks to Buy as Supply Shortage Boosts Demand
5 Semiconductor Stocks to Buy as Supply Shortage Boosts Demand
Semiconductor Shortage Affecting Auto Industry
Semiconductor Industry Thriving
Our Choices
+1,500% Growth: One of 2021’s Most Exciting Investment Opportunities
Other Topics
Latest Stocks Videos
An unanticipated problem was encountered, check back soon and try again
AMC Becomes Latest Meme Stock of the Day
Zacks

Content: Semiconductor Shortage Affecting Auto Industry
The automotive industry has already suffered a lot as factories remained closed for weeks and production came to a halt following the coronavirus outbreak. Now, as things are finally starting to look up, carmakers are faced with another roadblock in the form of a shortage in the supply of semiconductors. Microchips are an integral part of both the auto industry as well as the infotainment industry. As people remained locked up in their homes during the pandemic, demand for consumer electronic goods shot up, thus driving sales of microchips. This saw demand for microchips growing and resulting in a shortage of supply. Also, production of semiconductors came to a halt during the initial days of the pandemic, which has deepened the crisis. The recovery of the automotive sector was faster than projected, due to pent-up demand during the shutdown period, which is now hampering the balance between demand and supply. Auto giants like Ford Motor Company F , Nissan NSANY and Toyota Motors TM, and several others are already facing production constraints amid a shortage of semiconductors and are thus being compelled to delay the production of some of their models. 00:03
/
00:40
Replay
Skip
Ads by
Read More
Semiconductor Industry Thriving
While the auto sector has been struggling, the semiconductor industry has been one of the biggest beneficiaries of the pandemic, demand outpacing supply. In fact, high demand helped the microchip industry’s revenues to rebound in 2020.