Morgan Stanley: Automotive Chip Shortage Eases as Renesas and ON Semiconductor Cut Q4 Testing Orders
On November 22, it was reported that the automotive “chip shortage” has persisted for nearly two years. However, with the decline in demand for consumer chips, some consumer chip manufacturers have begun to cut orders, which has released upstream wafer foundry capacity. As a result, the shortage of automotive chips has also eased. According to … Read more