Semiconductor Prices Rise As Demand Increases - How Will This Affect The Price Of Your Next New Vehicle?

Prices for semiconductor chips are expected to rise across the spectrum given that the global chip shortage is likely to last until sometime late next year.

Moody's Analytics said the trend towards remote work that accelerated due to COVID-19 movement restrictions has given rise to heightened demand for semiconductor chips.

"Given the capital-intensive nature of their production process, supply has not been able to keep pace with the increase in demand," it said in a note today.
Read Article