The general feeling is that chip capacity will slowly start coming back in the next few months, but only to return the auto industry back to where it was pre-Covid, and not to the post-Covid surge, which resulted in platinum group metals (PGMs) prices going through the roof. If the global auto industry experiences an increasing delivery of chips, then the guess is that a bottoming out of the market can be regarded as being under way now, with gentle improvement to follow. (Also watch attached Creamer Media video.)
from Engineering News | Home https://ift.tt/2XSUvep
