The global semiconductor shortage is wreaking havoc on industries including autos, cell phone makers, and consumer electronic products.
Despite a proactive White House, with its efforts to boost supply chains and Intel’s $20 billion investment to build two plants of its own, the shortage is not going away anytime soon according to CEO Pat Gelsinger.
WHITE HOUSE, INTEL TEAM UP TO TACKLE CHIP SHORTAGE
“Our estimates are it’s probably two years for the industry to work through it because, as you say, it takes a while to build a fabrication, or a fab, as we like to call it in the industry,” he said during an appearance on Barron’s Roundtable. Read more…..
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Warren Buffett and Charlie Munger share their thoughts on Bitcoin. Buffett is the CEO of Berkshire Hathaway and is widely considered the greatest investor of all time. His style of investing (first taught by Ben Graham and later adapted through conversations with Charlie Munger) has been studied by many stock investors throughout the world.
