The Chip Shortage Looks Like the Oil Shortage of the 1970s. What It Means for Stocks and the Economy.

Barrons2021-08-23

Semiconductors might be the new oil—and that could make the 2020s the new 1970s. Back then, the world ran on oil—and any change in supply had a massive impact on demand. When OPEC embargoed the U.S. ...

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精彩评论

来人
2021-08-24
来人
Up up up
Jacqueslim
2021-08-23
Jacqueslim
Ok
KYHBKO
2021-08-23
KYHBKO
let us monitor the other parts of the supply chain too. getting the chips is only the first part.
- Jacqueslim:
  ok
plain_paper
2021-08-23
plain_paper
I don't see the rush to buy $tsm$ though. A bit disappointing.
- plain_paper:
  I guess the story will fall apart if China companies are allowed to buy tsm chips again. at this stage I am happy with 10%
- Syin23:
  So bullish, maybe got vested interest. LOL
- DJBoy:
  Agreed
- sunshine138:
  33% tsm upside..... The writer serious?
DenisL
2021-08-23
DenisL
NVDA, let’s go?
- DJBoy:
  To the mooon
HENRYCSC
2021-08-23
HENRYCSC
👍

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What It Means for Stocks and the Economy.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/chip-shortage-stocks-economy-51629507891?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Semiconductors might be the new oil—and that could make the 2020s the new 1970s.\nBack then, the world ran on oil—and any change in supply had a massive impact on demand. When OPEC embargoed the U.S. ...</p>\n\n<a href=\"https://www.barrons.com/articles/chip-shortage-stocks-economy-51629507891?mod=hp_LEAD_1\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMD","symbol_name":"美国超微公司","start_time":0,"source_url":"https://www.barrons.com/articles/chip-shortage-stocks-economy-51629507891?mod=hp_LEAD_1","article_id":"1111103954","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1111103954","pubTimestamp":1629675616,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Semiconductors might be the new oil—and that could make the 2020s the new 1970s.\nBack then, the worl","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMD":"美国超微公司","CVX":"雪佛龙","TSM":"台积电","INTC":"英特尔","XOM":"埃克森美孚","MU":"美光科技"},"translate_title":"芯片短缺看起来像20世纪70年代的石油短缺。对股票和经济意味着什么。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMD":0.9,"CVX":0.9,"INTC":0.9,"MU":0.9,"TSM":0.9,"XOM":0.9},"content_text":"Semiconductors might be the new oil—and that could make the 2020s the new 1970s.\nBack then, the world ran on oil—and any change in supply had a massive impact on demand. 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In fact, RBC analyst Joseph Spak argues the shortage could last for years.\nPart of the problem is structural, Spak says. Electric vehicles need more computing power, but the auto industry typically relies on older-generation chip technology, where capacity isn’t being as readily added by chip makers. Instead, they prefer to focus on newer, higher-end chips for the consumer electronics industry.\nThe result: Instead of lines at the gas stations, there are lines at the automotive dealerships. Low new- and used-car inventories have pushed up pricing and contributed to rising inflation. Used-car prices rose about 20% in the first half of 2021, while new-car prices rose about 3%. The rise in used-car prices has started to slow, but new-car price gains are accelerating, rising about 7% year over year in July.\nThat’s not good for consumers, but auto makers stand to benefit. Constrained production will lead to persistently low inventories and higher pricing. 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Some two-thirds of analysts covering the stock rate it Buy, and the average price target implies about a 33% upside.\nDon’t expect long lines outside RadioShack, but expect the chip shortage to be felt just the same.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":835741197,"gmtCreate":1629758868919,"gmtModify":1633682747459,"author":{"id":"3575544575320394","authorId":"3575544575320394","name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3575544575320394","idStr":"3575544575320394"},"htmlText":"Up up up","listText":"Up up up","text":"Up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835741197","repostId":1111103954,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":835488035,"gmtCreate":1629731858827,"gmtModify":1631890449737,"author":{"id":"3579819379691301","authorId":"3579819379691301","name":"Jacqueslim","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579819379691301","idStr":"3579819379691301"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835488035","repostId":1111103954,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":835402402,"gmtCreate":1629729831806,"gmtModify":1629731027509,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3574381076586256","idStr":"3574381076586256"},"htmlText":"let us monitor the other parts of the supply chain too. getting the chips is only the first part.&nbsp;","listText":"let us monitor the other parts of the supply chain too. getting the chips is only the first part.&nbsp;","text":"let us monitor the other parts of the supply chain too. getting the chips is only the first part.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/835402402","repostId":1111103954,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5623855,"gmtCreate":1629731867566,"gmtModify":1635144397384,"authorId":3579819379691301,"author":{"id":3579819379691301,"idStr":"3579819379691301","authorId":3579819379691301,"name":"Jacqueslim","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835402402,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":835221663,"gmtCreate":1629722102952,"gmtModify":1631888727838,"author":{"id":"3586898051180640","authorId":"3586898051180640","name":"plain_paper","avatar":"https://static.tigerbbs.com/c12c15cb7f5aae068da5dd6a62e59a75","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3586898051180640","idStr":"3586898051180640"},"htmlText":"I don't see the rush to buy $tsm$ though. A bit disappointing.","listText":"I don't see the rush to buy $tsm$ though. A bit disappointing.","text":"I don't see the rush to buy $tsm$ though. A bit disappointing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/835221663","repostId":1111103954,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5624765,"gmtCreate":1629739993286,"gmtModify":1631888727882,"authorId":3586898051180640,"author":{"id":3586898051180640,"idStr":"3586898051180640","authorId":3586898051180640,"name":"plain_paper","avatar":"https://static.tigerbbs.com/c12c15cb7f5aae068da5dd6a62e59a75","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835221663,"type":1,"supId":5621948,"prevId":0,"content":"I guess the story will fall apart if China companies are allowed to buy tsm chips again.&nbsp; at this stage I am happy with 10%","text":"I guess the story will fall apart if China companies are allowed to buy tsm chips again.&nbsp; at this stage I am happy with 10%","html":"I guess the story will fall apart if China companies are allowed to buy tsm chips again.&nbsp; at this stage I am happy with 10%"},{"id":5622397,"gmtCreate":1629725682759,"gmtModify":1631888727863,"authorId":3566638874866921,"author":{"id":3566638874866921,"idStr":"3566638874866921","authorId":3566638874866921,"name":"Syin23","avatar":"https://static.tigerbbs.com/5fe07bbe04f288a17e760d8b275d427f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835221663,"type":1,"supId":5621948,"prevId":0,"content":"So bullish, maybe got vested interest. <u>LOL</u>","text":"So bullish, maybe got vested interest. <u>LOL</u>","html":"So bullish, maybe got vested interest. <u>LOL</u>"},{"id":5622121,"gmtCreate":1629724187726,"gmtModify":1631888727851,"authorId":3578917676674127,"author":{"id":3578917676674127,"idStr":"3578917676674127","authorId":3578917676674127,"name":"DJBoy","avatar":"https://static.tigerbbs.com/e89ddb65fea14052b67a417c63273930","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835221663,"type":1,"supId":0,"prevId":0,"content":"Agreed","text":"Agreed","html":"Agreed"},{"id":5621948,"gmtCreate":1629723170148,"gmtModify":1631888727839,"authorId":3586655655659820,"author":{"id":3586655655659820,"idStr":"3586655655659820","authorId":3586655655659820,"name":"sunshine138","avatar":"https://static.tigerbbs.com/23149c63a63bfeec1572cc27e1322750","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835221663,"type":1,"supId":0,"prevId":0,"content":"33% tsm upside..... The writer serious?","text":"33% tsm upside..... The writer serious?","html":"33% tsm upside..... The writer serious?"}],"langContent":"EN"},{"id":835229561,"gmtCreate":1629722021853,"gmtModify":1633682954677,"author":{"id":"4088158505984320","authorId":"4088158505984320","name":"DenisL","avatar":"https://static.tigerbbs.com/0d13e043c2c38e5d7bfd53d016d5c6bf","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4088158505984320","idStr":"4088158505984320"},"htmlText":"NVDA, let’s go?","listText":"NVDA, let’s go?","text":"NVDA, let’s go?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/835229561","repostId":1111103954,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5622118,"gmtCreate":1629724179453,"gmtModify":1635144507153,"authorId":3578917676674127,"author":{"id":3578917676674127,"idStr":"3578917676674127","authorId":3578917676674127,"name":"DJBoy","avatar":"https://static.tigerbbs.com/e89ddb65fea14052b67a417c63273930","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835229561,"type":1,"supId":0,"prevId":0,"content":"To the mooon","text":"To the mooon","html":"To the mooon"}],"langContent":"EN"},{"id":835261938,"gmtCreate":1629721401124,"gmtModify":1633682961146,"author":{"id":"3575091428590185","authorId":"3575091428590185","name":"HENRYCSC","avatar":"https://static.tigerbbs.com/6d47a6dec25b21dc547a5b982674c499","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575091428590185","idStr":"3575091428590185"},"htmlText":"👍&nbsp;","listText":"👍&nbsp;","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835261938","repostId":1111103954,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":286,"commentSize":66,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1111103954"}