The auto industry alone is on track to lose more than $200 billion in 2021 as a result of the ongoing semiconductor chip shortage, and for industries hoping for a silver lining, conditions are expected to get worse.
Daniel Newman, a founding partner and principal analyst at Futurum Research, spoke to Cheddar about the fallout from the shortage, including price hikes for goods.
Subscribe to Cheddar Now on YouTube: https://chdr.tv/NowYT
Subscribe to Need2Know in your favorite podcast app. https://chdr.tv/8gas