The Continuing Global Chip Shortage's Impact On Automobiles

<p>"Component prices increased up to 40% compared to last quarter," says Richard Barnett. He believes that the chip shortage will last until 2023 at minimum. He also weighs in on the lasting effects of the chip shortage on the automotive industry. However, Tesla and other electric vehicle makers are not as impacted because their volumes are smaller. How will the semiconductor stocks like AMD, LRCX, MU, and NVDA continue to perform?</p>