Addressing the Semiconductor Chip Shortage
Semiconductor chips are crucial components in a mind-boggling number of products for consumers, businesses, and government entities. These products include cars and trucks, computers, gaming devices, drones, data storage units, and sensing equipment, among many others. Recent supply chain constraints have severely limited the availability of chips for production lines, and demand is not expected to subside as future technological advances are expected to exacerbate the need for more chips. In light of this situation, chip manufacturers are making massive capital investments to increase production, which will have an outsize impact from an investing perspective on certain industries and geographic regions.
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- Anthony Winkels is Managing Partner and Wealth Advisor at Fortis Wealth Management
