A handful of companies, including chipmakers Micron and AMD, are signaling an easing of the two-year global shortage of semiconductor chips as rising inflation and cooling economies put pressure on ╰┈➤
Tag: outlook
Rivian shares tumble as supply-chain woes cut production outlook in half
Rivian warned on Thursday that supply chain problems could halve planned production to 25,000 vehicles by 2022, pushing the EV maker’s shares down more than 12% in expanded trading. Rivian ╰┈➤