Mobileye Crashes Into Auto-Chip Pileup

From Dow Jones & Company, Inc.:

The post-Covid inventory buildup by automakers is expected to impact semiconductor suppliers in the year ahead. This is due to the demand for semiconductors being lower than anticipated as automakers struggle to sell off excess inventory. The buildup is causing a strain on semiconductor suppliers as they try to adjust production to meet lower demand. As a result, it is anticipated that semiconductor suppliers will face challenges in the coming year as they navigate through the aftermath of the pandemic.



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