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- The semiconductor shortage has had significant impacts on various industries12:
- Automotive: Car production has been halted due to chip shortages.
- Consumer Electronics: Product launches have been delayed.
- Technology: Companies have faced challenges in onboarding new employees.
- Economy: The shortage could reduce the U.S. GDP by up to 1% in 20212.
- Other Sectors: HVAC, medical instruments, personal computers, home appliances, manufacturing tools, and video game console companies have also been affected2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Supply chain disruption has grown to a top threat across industries. The chip shortage has brought car production to a standstill, delayed consumer electronics product launches, and impacted companies’ ability to onboard new employees.www.forbes.com/sites/forbestechcouncil/2022/05/1…Goldman estimates the component shortage could reduce the U.S. GDP by as much as 1 percent in 2021. The New York Times detailed the challenges the crisis has created for HVAC, medical instruments, personal computers, home appliances, manufacturing tools, and video game console companies.www.sourcengine.com/blog/global-semiconductor-… - People also ask
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