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Chip Drought Persisting

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Global automakers expect to grapple with chip shortages for another two years. How are they responding in the meantime? And if shortage normalises in 2023, what’s the likelihood of excess supply as the US, Europe and China commit billions of dollars to ramp up fabrication capacity? James Teo, Asian Equities Analyst at Bloomberg Intelligence discusses.

Image credit: Jeremy Waterhouse / Pexels.com

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