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Major automakers pen letter to Congress requesting more chip funding

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According to a letter obtained by Reuters, major automakers and industry suppliers asked Congress on Wednesday to act promptly and approve $52 billion in subsidies...

Supply chain update: Not enough chips for chipmaking machines

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In a strange catch-22, chipmakers are running out of the chips needed for their chipmaking machines. And it's going to affect everyone unless priorities...
chip shortage

Cost of chip shortage expected to double, but Musk sees an...

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In May 2021, AlixPartners predicted that the chip shortage plaguing the auto industry since the middle of the pandemic would end up costing the...