Business News
Apple Defies Wall Street Expectations With Its First Quarter Results
The tech giant's results come amid supply chain concerns.
Chip Shortage
Business News
Nintendo Switch Is the Latest Victim of Holiday Shortages
Japan-based Nintendo is cutting its sales forecast for the Nintendo Switch by 1.5 million units.
Business News
Global Semiconductor Chip Shortage Could See ‘Painful Period’ Extend Into 2022: Marvell CEO
In a forecast released Sept. 23, firm AlixPartners estimated that the shortage will cost the auto industry $210 billion globally in lost revenue in 2021.
Business News
Elon Musk Expects Chip Shortage to Be Short-Lived as Production Capacity Expands
Musk's remarks follow comments made earlier in the week by General Motors President Mark Reuss, who said he expects the global supply of chips to stabilize but at lower levels than automakers need to rebuild their inventories.
Business News
Should We Be Worried About the Global Chip Shortage?
Industry leaders disagree on how long the crisis will last.