Tag Archives: Chip Shortage

Morning News: Tokyo Olympics Begin, Chip Shortage, Electric Cars

A.M. Edition for July 23. WSJ’s Alastair Gale in Japan joins host Marc Stewart to discuss how the opening ceremony is taking on a different tone compared to past Olympic Games. 

 New insights on how long the global chip shortage could last. And, electric-vehicle sales see a jolt in the U.S.

Morning News: Employers Requiring Covid-19 Shots, Inflation Data & Vermont

A.M. Edition for June 15. WSJ’s Chip Cutter discusses the latest moves by companies to encourage Covid-19 vaccinations for employees. 

WSJ’s Quentin Webb on why the global chip shortage may affect May’s U.S. retail sales data. And, Vermont’s milestone amid the pandemic. Marc Stewart hosts.

Analysis: The Microchip Shortage Limiting Autos

While the automotive industry was ravaged early on in the pandemic thanks to lockdown measures and a dramatic decrease in travel, it more recently has begun facing a new problem: a shortage of microchips.

Microchips are vital to much of a vehicle’s key functions, such as engine control, transmission, infotainment systems, and more. In the last half of 2020 and now in 2021, vehicle sales recovered fairly quickly, faster than automakers anticipated.

Suddenly, they were struggling to meet demand. At the same time, chipmakers were experiencing supply shortages and increased demand from other sectors, such as personal electronics. With the resulting lack of microchip supply, automakers have been forced to slow production, even on their most popular models. For several automakers, the shortage is expected to cost them $1 billion or more — and even still, the alternatives are worryingly few.