What Chip Shortage: Inventory At Leading Chipmakers Hits Record $65 Billion
Something odd emerged as automaker after automaker - most notably $Toyota$ last week - announced they would throttle auto production in coming months due to a historic chip shortage: according to calculations from Financial Times parent, Nikkei, total inventory at the world's nine leading chipmakers hit a record high of $64.7 billion as of the end of June as "companies quickly moved to ramp up production to alleviate a protracted shortage that has disrupted supply chains in the auto industry and
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