What the chip shortage means for the US economy

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What the chip shortage means for the US economy

Yahoo Finance2021-04-22

The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...

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JPKS
·2021-04-23
Comment s. Comments comment.
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1
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Bodoh
·2021-04-23
Good
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JinHan
·2021-04-23
Taiwan Semiconductor (TSM) is the largest contract manufacturer in the world. If you’re considering buying any of the chip counters, TSM is probably the best pick. Based on historical performance, it’s top line hasbeen growing at a double digit pace. Always good to invest in the market leader (biggest/best) in its league. I am invested in TSM.
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cutemiao
·2021-04-23
Latest and Informative!!Plse response, thanks
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- Ericlam:
  Nice
  2021-04-23
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- AntLiew:
  nice
  2021-04-23
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- Bodoh:
  Ok
  2021-04-23
  Reply
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DingDang
·2021-04-23
TSMC!! Please like and comment!
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2
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- Peiqi:
  [开心]
  2021-04-23
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- Jia jia:
  Comment
  2021-04-23
  Reply
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BpchuA
·2021-04-23
Crazy
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1
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nywles
·2021-04-23
Help like and reply pls
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3
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- Jia jia:
  Okau
  2021-05-02
  Reply
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- Jia jia:
  Thank you
  2021-04-24
  Reply
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- thekang:
  very nice. please like and share mine too thanks
  2021-04-23
  Reply
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Wel_len
·2021-04-23
Woww.. Please comment.. Thanks
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5
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- MGHuat:
  please comment back
  2021-04-23
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- ISSEY1413:
  here you go. follow and like my post
  2021-04-23
  Reply
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labide
·2021-04-23
Down?
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2
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phantom74
·2021-04-23
Great ariticle, would you like to share it?
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4
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chanfw
·2021-04-23
?
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- KinKin:
  [惊讶]
  2021-04-23
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Lim89
·2021-04-23
Slow production
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Chal
·2021-04-23
Comment
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2
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- Jia jia:
  Comment
  2021-04-23
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- schipperde:
  pls help comment too
  2021-04-23
  Reply
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larkygal
·2021-04-23
Testing
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JHx
·2021-04-23
Ohh
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- 张家二少爷:
  Oh no
  2021-04-24
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- 张家二少爷:
  Oh no
  2021-04-24
  Reply
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Seanytan
·2021-04-23
Testing comments$
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- SUPERCHARGER:
  Comment back leh
  2021-04-23
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- Saintrade:
  Oo
  2021-04-23
  Reply
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SEANLYS87
·2021-04-23
What stock(s) is/are good buy now? :)
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xpppp124
·2021-04-23
comment and like please
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- Windtalker78Replying toSaidTheSky:
  thanks!
  2021-04-23
  Reply
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- Windtalker78:
  comment and like too. cheers.
  2021-04-23
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- SaidTheSky:
  done
  2021-04-23
  Reply
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Garanguni
·2021-04-22
Still shortage?
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stormlee
·2021-04-22
Comment & like pls
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- Windtalker78Replying toSUPERCHARGER:
  steady
  2021-04-23
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- stormlee:
  ?
  2021-04-23
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- taykaiz:
  Comment
  2021-04-23
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According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HMC","symbol_name":"本田汽车","start_time":0,"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","article_id":"2129382543","we_media_id":null,"thumbnails":[],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","pubTimestamp":1619105702,"sourceInfo":{"source_id":"yahoofinance_sg","name":"Yahoo Finance"},"weMediaInfo":null,"summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HMC":"本田汽车","MSFT":"微软","TSM":"台积电","NVDA":"英伟达",".SPX":"S&P 500 Index","SSNLF":"三星电子","GM":"通用汽车","INTC":"英特尔",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","TM":"丰田汽车","F":"福特汽车"},"translate_title":"芯片短缺对美国经济意味着什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"INTC":0.9,"NVDA":0.9,"SSNLF":0.9,"TSM":0.9,"F":0.6,"GM":0.6,"HMC":0.6,"MSFT":0.6,"TM":0.6},"content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":376585333,"gmtCreate":1619137154522,"gmtModify":1704720137271,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"htmlText":"Comment s. &nbsp; Comments comment.&nbsp;","listText":"Comment s. &nbsp; Comments comment.&nbsp;","text":"Comment s. Comments comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376585333","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376590047,"gmtCreate":1619135370789,"gmtModify":1704720086431,"author":{"id":"3559859558754319","authorId":"3559859558754319","name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3559859558754319","authorIdStr":"3559859558754319"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376590047","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376249393,"gmtCreate":1619134359612,"gmtModify":1704720046700,"author":{"id":"3581586102966898","authorId":"3581586102966898","name":"JinHan","avatar":"https://community-static.tradeup.com/news/023377e47661ee615bf8b22d4bd036e3","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3581586102966898","authorIdStr":"3581586102966898"},"htmlText":"Taiwan Semiconductor (TSM)&nbsp;is the largest contract manufacturer in the world. If you’re considering buying any of the chip counters, TSM is probably the best pick.&nbsp;Based on historical performance, it’s top line hasbeen growing at a double digit pace.&nbsp;Always good to invest in the market leader (biggest/best) in its league. I am invested in TSM.&nbsp;","listText":"Taiwan Semiconductor (TSM)&nbsp;is the largest contract manufacturer in the world. If you’re considering buying any of the chip counters, TSM is probably the best pick.&nbsp;Based on historical performance, it’s top line hasbeen growing at a double digit pace.&nbsp;Always good to invest in the market leader (biggest/best) in its league. I am invested in TSM.&nbsp;","text":"Taiwan Semiconductor (TSM) is the largest contract manufacturer in the world. If you’re considering buying any of the chip counters, TSM is probably the best pick. Based on historical performance, it’s top line hasbeen growing at a double digit pace. Always good to invest in the market leader (biggest/best) in its league. I am invested in TSM.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376249393","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376268007,"gmtCreate":1619132855509,"gmtModify":1704720010937,"author":{"id":"3574384014717887","authorId":"3574384014717887","name":"cutemiao","avatar":"https://static.tigerbbs.com/bb482433c2ea26132373994768ab7de2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574384014717887","authorIdStr":"3574384014717887"},"htmlText":"Latest and Informative!!Plse response, thanks","listText":"Latest and Informative!!Plse response, thanks","text":"Latest and Informative!!Plse response, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/376268007","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4108274,"gmtCreate":1619137826482,"gmtModify":1680785202446,"authorId":3559787818034959,"author":{"id":3559787818034959,"idStr":"3559787818034959","authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.15","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376268007,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"},{"id":4108531,"gmtCreate":1619138793383,"gmtModify":1680785198637,"authorId":3574749287543892,"author":{"id":3574749287543892,"idStr":"3574749287543892","authorId":3574749287543892,"name":"AntLiew","avatar":"https://static.tigerbbs.com/14dc4e36e90cdfc60979ceb077d41331","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376268007,"type":1,"supId":0,"prevId":0,"content":"<u>nice</u>","text":"<u>nice</u>","html":"<u>nice</u>"},{"id":4107708,"gmtCreate":1619135388016,"gmtModify":1680785188907,"authorId":3559859558754319,"author":{"id":3559859558754319,"idStr":"3559859558754319","authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.81%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376268007,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":376269190,"gmtCreate":1619132693510,"gmtModify":1704720006084,"author":{"id":"3553254172092293","authorId":"3553254172092293","name":"DingDang","avatar":"https://static.tigerbbs.com/d2a0c38ce6f3c2661fa15b7d1f52eeaf","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3553254172092293","authorIdStr":"3553254172092293"},"htmlText":"TSMC!! Please like and comment!","listText":"TSMC!! Please like and comment!","text":"TSMC!! Please like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/376269190","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4112008,"gmtCreate":1619166303818,"gmtModify":1680785254479,"authorId":3573731511713779,"author":{"id":3573731511713779,"idStr":"3573731511713779","authorId":3573731511713779,"name":"Peiqi","avatar":"https://static.tigerbbs.com/6ad2ab300acbe427a7b14e371265cfd0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376269190,"type":1,"supId":0,"prevId":0,"content":"[开心]","text":"[开心]","html":"[开心]"},{"id":4107027,"gmtCreate":1619132895082,"gmtModify":1680785178102,"authorId":3566190997597521,"author":{"id":3566190997597521,"idStr":"3566190997597521","authorId":3566190997597521,"name":"Jia jia","avatar":"https://static.tigerbbs.com/a5e41a8432102fa946fee83eeb1384d7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376269190,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"}],"langContent":"EN"},{"id":376285581,"gmtCreate":1619132405743,"gmtModify":1704720001173,"author":{"id":"3575867013914101","authorId":"3575867013914101","name":"BpchuA","avatar":"https://static.tigerbbs.com/dd3500e66cc249b4480fcc30d7cd6409","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575867013914101","authorIdStr":"3575867013914101"},"htmlText":"Crazy&nbsp;","listText":"Crazy&nbsp;","text":"Crazy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376285581","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376286987,"gmtCreate":1619132283649,"gmtModify":1704719997773,"author":{"id":"3555362771681553","authorId":"3555362771681553","name":"nywles","avatar":"https://static.tigerbbs.com/a7e6473ec2cec348d167d7d95fbdb76c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3555362771681553","authorIdStr":"3555362771681553"},"htmlText":"Help like and reply pls","listText":"Help like and reply pls","text":"Help like and reply pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/376286987","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4200021,"gmtCreate":1619956883736,"gmtModify":1680786629854,"authorId":3566190997597521,"author":{"id":3566190997597521,"idStr":"3566190997597521","authorId":3566190997597521,"name":"Jia jia","avatar":"https://static.tigerbbs.com/a5e41a8432102fa946fee83eeb1384d7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376286987,"type":1,"supId":4107459,"prevId":0,"content":"Okau","text":"Okau","html":"Okau"},{"id":4120656,"gmtCreate":1619243540236,"gmtModify":1680785391357,"authorId":3566190997597521,"author":{"id":3566190997597521,"idStr":"3566190997597521","authorId":3566190997597521,"name":"Jia jia","avatar":"https://static.tigerbbs.com/a5e41a8432102fa946fee83eeb1384d7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376286987,"type":1,"supId":4107028,"prevId":0,"content":"Thank you","text":"Thank you","html":"Thank you"},{"id":4109743,"gmtCreate":1619144947498,"gmtModify":1680785227215,"authorId":3579391473717940,"author":{"id":3579391473717940,"idStr":"3579391473717940","authorId":3579391473717940,"name":"thekang","avatar":"https://static.tigerbbs.com/257a55b2b4eff5b143f883be20deac55","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376286987,"type":1,"supId":0,"prevId":0,"content":"very nice. please like and share mine too thanks","text":"very nice. please like and share mine too thanks","html":"very nice. please like and share mine too thanks"},{"id":4108099,"gmtCreate":1619137027664,"gmtModify":1680785191210,"authorId":3555362771681553,"author":{"id":3555362771681553,"idStr":"3555362771681553","authorId":3555362771681553,"name":"nywles","avatar":"https://static.tigerbbs.com/a7e6473ec2cec348d167d7d95fbdb76c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376286987,"type":1,"supId":4107459,"prevId":0,"content":"done","text":"done","html":"done"},{"id":4107459,"gmtCreate":1619134625010,"gmtModify":1680785183059,"authorId":3566190997597521,"author":{"id":3566190997597521,"idStr":"3566190997597521","authorId":3566190997597521,"name":"Jia jia","avatar":"https://static.tigerbbs.com/a5e41a8432102fa946fee83eeb1384d7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376286987,"type":1,"supId":0,"prevId":0,"content":"Can you comment on any of my post","text":"Can you comment on any of my post","html":"Can you comment on any of my post"}],"langContent":"EN"},{"id":376236350,"gmtCreate":1619130491470,"gmtModify":1704719969470,"author":{"id":"3572254217053177","authorId":"3572254217053177","name":"Wel_len","avatar":"https://static.tigerbbs.com/c1bad9117c6eada17ae4e3aad0fc89ce","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3572254217053177","authorIdStr":"3572254217053177"},"htmlText":"Woww.. Please comment.. Thanks","listText":"Woww.. Please comment.. Thanks","text":"Woww.. Please comment.. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/376236350","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4106687,"gmtCreate":1619130690735,"gmtModify":1680785179030,"authorId":3572388238861982,"author":{"id":3572388238861982,"idStr":"3572388238861982","authorId":3572388238861982,"name":"MGHuat","avatar":"https://static.tigerbbs.com/bd2cbc6e014ed9c700e2d9cd01ae2b08","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376236350,"type":1,"supId":0,"prevId":0,"content":"please comment back","text":"please comment back","html":"please comment back"},{"id":4106764,"gmtCreate":1619131246511,"gmtModify":1680785176283,"authorId":3580024367177542,"author":{"id":3580024367177542,"idStr":"3580024367177542","authorId":3580024367177542,"name":"ISSEY1413","avatar":"https://static.tigerbbs.com/3aae359514ad4455bfc28cf62f608a5e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.13","exceedPercentage":"93.04%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376236350,"type":1,"supId":0,"prevId":0,"content":"here you go. follow and like my <u>post</u>","text":"here you go. follow and like my <u>post</u>","html":"here you go. follow and like my <u>post</u>"}],"langContent":"EN"},{"id":376296282,"gmtCreate":1619129192646,"gmtModify":1704719957222,"author":{"id":"3576717801191675","authorId":"3576717801191675","name":"labide","avatar":"https://static.tigerbbs.com/367084595c376dc0587e9cbcd9735b48","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3576717801191675","authorIdStr":"3576717801191675"},"htmlText":"Down?","listText":"Down?","text":"Down?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376296282","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376293376,"gmtCreate":1619128725195,"gmtModify":1704719952199,"author":{"id":"3570342809089528","authorId":"3570342809089528","name":"phantom74","avatar":"https://static.tigerbbs.com/c87ef2af41b8696be86cceafb5b5723d","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3570342809089528","authorIdStr":"3570342809089528"},"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376293376","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376206144,"gmtCreate":1619127588088,"gmtModify":1704719943095,"author":{"id":"3572178765557939","authorId":"3572178765557939","name":"chanfw","avatar":"https://static.tigerbbs.com/ff5c9666d30587e0569a419a34b34d31","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572178765557939","authorIdStr":"3572178765557939"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376206144","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4106445,"gmtCreate":1619127839612,"gmtModify":1680785163282,"authorId":3574428256060280,"author":{"id":3574428256060280,"idStr":"3574428256060280","authorId":3574428256060280,"name":"KinKin","avatar":"https://static.tigerbbs.com/b4f58c29c0c165071cb594bd19ce588a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376206144,"type":1,"supId":0,"prevId":0,"content":"[惊讶]","text":"[惊讶]","html":"[惊讶]"}],"langContent":"EN"},{"id":376674036,"gmtCreate":1619126301125,"gmtModify":1704719933041,"author":{"id":"3527303552443900","authorId":"3527303552443900","name":"Lim89","avatar":"https://static.tigerbbs.com/f21e4020ff962f4d66f99662b584ec1c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3527303552443900","authorIdStr":"3527303552443900"},"htmlText":"Slow production&nbsp;","listText":"Slow production&nbsp;","text":"Slow production","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376674036","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376671815,"gmtCreate":1619123920737,"gmtModify":1704719927866,"author":{"id":"3575169317575861","authorId":"3575169317575861","name":"Chal","avatar":"https://static.tigerbbs.com/95cf06c2a0a887c6ad44d1278ef16eda","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575169317575861","authorIdStr":"3575169317575861"},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/376671815","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4107032,"gmtCreate":1619132923056,"gmtModify":1680785171962,"authorId":3566190997597521,"author":{"id":3566190997597521,"idStr":"3566190997597521","authorId":3566190997597521,"name":"Jia jia","avatar":"https://static.tigerbbs.com/a5e41a8432102fa946fee83eeb1384d7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376671815,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"},{"id":4106544,"gmtCreate":1619129246352,"gmtModify":1680785170355,"authorId":3575256482663287,"author":{"id":3575256482663287,"idStr":"3575256482663287","authorId":3575256482663287,"name":"schipperde","avatar":"https://community-static.tradeup.com/news/0b7cf989e27b604b5a89d0ffc9453710","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376671815,"type":1,"supId":0,"prevId":0,"content":"pls help comment <u>too</u>","text":"pls help comment <u>too</u>","html":"pls help comment <u>too</u>"}],"langContent":"EN"},{"id":376648275,"gmtCreate":1619118092597,"gmtModify":1704719918005,"author":{"id":"3582209513703529","authorId":"3582209513703529","name":"larkygal","avatar":"https://static.tigerbbs.com/a22c89190974fdfaf13f46ff41a8c983","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582209513703529","authorIdStr":"3582209513703529"},"htmlText":"Testing","listText":"Testing","text":"Testing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376648275","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376652777,"gmtCreate":1619114906299,"gmtModify":1704719908273,"author":{"id":"3573821515865359","authorId":"3573821515865359","name":"JHx","avatar":"https://static.tigerbbs.com/54eb39bebd911124a59d7bf934977d25","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573821515865359","authorIdStr":"3573821515865359"},"htmlText":"Ohh","listText":"Ohh","text":"Ohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/376652777","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4121853,"gmtCreate":1619257636546,"gmtModify":1680785406606,"authorId":3578640057424295,"author":{"id":3578640057424295,"idStr":"3578640057424295","authorId":3578640057424295,"name":"张家二少爷","avatar":"https://community-static.tradeup.com/news/7a12bca4ab5f122bdf3f13efcca1ec27","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.47%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376652777,"type":1,"supId":4121852,"prevId":0,"content":"Oh <u>no</u>","text":"Oh <u>no</u>","html":"Oh <u>no</u>"},{"id":4121852,"gmtCreate":1619257629180,"gmtModify":1680785405235,"authorId":3578640057424295,"author":{"id":3578640057424295,"idStr":"3578640057424295","authorId":3578640057424295,"name":"张家二少爷","avatar":"https://community-static.tradeup.com/news/7a12bca4ab5f122bdf3f13efcca1ec27","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.47%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376652777,"type":1,"supId":0,"prevId":0,"content":"Oh <u>no</u>","text":"Oh <u>no</u>","html":"Oh <u>no</u>"}],"langContent":"EN"},{"id":376685859,"gmtCreate":1619110270971,"gmtModify":1704719869117,"author":{"id":"3576901642423072","authorId":"3576901642423072","name":"Seanytan","avatar":"https://static.tigerbbs.com/b4666501916dcce5c7144d9c1d39609a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576901642423072","authorIdStr":"3576901642423072"},"htmlText":"Testing comments$","listText":"Testing comments$","text":"Testing comments$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/376685859","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4106413,"gmtCreate":1619126947110,"gmtModify":1680785166350,"authorId":3561239881014940,"author":{"id":3561239881014940,"idStr":"3561239881014940","authorId":3561239881014940,"name":"SUPERCHARGER","avatar":"https://static.tigerbbs.com/1d8977ccd4cef3718d77de1198ec99b1","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376685859,"type":1,"supId":4105945,"prevId":0,"content":"Comment back leh","text":"Comment back leh","html":"Comment back leh"},{"id":4105945,"gmtCreate":1619111089277,"gmtModify":1680785160144,"authorId":3577131990335289,"author":{"id":3577131990335289,"idStr":"3577131990335289","authorId":3577131990335289,"name":"Saintrade","avatar":"https://static.tigerbbs.com/0586ed865bb515fc4dd23fea4fa2590d","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376685859,"type":1,"supId":0,"prevId":0,"content":"Oo","text":"Oo","html":"Oo"}],"langContent":"EN"},{"id":376683710,"gmtCreate":1619109463030,"gmtModify":1704719863135,"author":{"id":"3555171393803548","authorId":"3555171393803548","name":"SEANLYS87","avatar":"https://static.tigerbbs.com/af4ec286c8c35ab14d7502afd04921a3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3555171393803548","authorIdStr":"3555171393803548"},"htmlText":"What stock(s) is/are good buy now? :)","listText":"What stock(s) is/are good buy now? :)","text":"What stock(s) is/are good buy now? :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376683710","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376637320,"gmtCreate":1619107885060,"gmtModify":1704719844366,"author":{"id":"3571495936877613","authorId":"3571495936877613","name":"xpppp124","avatar":"https://static.tigerbbs.com/5d5faccecdbe697f6e31612cd53903f3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3571495936877613","authorIdStr":"3571495936877613"},"htmlText":"comment and like please&nbsp;","listText":"comment and like please&nbsp;","text":"comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/376637320","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4107478,"gmtCreate":1619134699787,"gmtModify":1680785184841,"authorId":3579431961273157,"author":{"id":3579431961273157,"idStr":"3579431961273157","authorId":3579431961273157,"name":"Windtalker78","avatar":"https://static.tigerbbs.com/0bf69a5ab416d33d0b16be20ef91c642","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3575627204316921,"repliedAuthor":{"id":3575627204316921,"idStr":"3575627204316921","authorId":3575627204316921,"name":"SaidTheSky","avatar":"https://static.tigerbbs.com/a4593f42b80bfc0e96118096ed81f13a","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.26%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":376637320,"type":1,"supId":4105715,"prevId":4106099,"content":"thanks!","text":"thanks!","html":"thanks!"},{"id":4105715,"gmtCreate":1619108219124,"gmtModify":1680785158615,"authorId":3579431961273157,"author":{"id":3579431961273157,"idStr":"3579431961273157","authorId":3579431961273157,"name":"Windtalker78","avatar":"https://static.tigerbbs.com/0bf69a5ab416d33d0b16be20ef91c642","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376637320,"type":1,"supId":0,"prevId":0,"content":"comment and like too. cheers.","text":"comment and like too. cheers.","html":"comment and like too. cheers."},{"id":4106099,"gmtCreate":1619113743774,"gmtModify":1680785157167,"authorId":3575627204316921,"author":{"id":3575627204316921,"idStr":"3575627204316921","authorId":3575627204316921,"name":"SaidTheSky","avatar":"https://static.tigerbbs.com/a4593f42b80bfc0e96118096ed81f13a","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.26%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376637320,"type":1,"supId":4105715,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"}],"langContent":"EN"},{"id":376694974,"gmtCreate":1619106964198,"gmtModify":1704719828920,"author":{"id":"3578052060422870","authorId":"3578052060422870","name":"Garanguni","avatar":"https://static.tigerbbs.com/73381070bfa8dd924759f4a68c7e0305","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3578052060422870","authorIdStr":"3578052060422870"},"htmlText":"Still shortage?","listText":"Still shortage?","text":"Still shortage?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376694974","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376606795,"gmtCreate":1619106080317,"gmtModify":1704719812673,"author":{"id":"3571959390768435","authorId":"3571959390768435","name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571959390768435","authorIdStr":"3571959390768435"},"htmlText":"Comment &amp; like pls","listText":"Comment &amp; like pls","text":"Comment & like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/376606795","repostId":2129382543,"repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4107475,"gmtCreate":1619134687999,"gmtModify":1680785184903,"authorId":3579431961273157,"author":{"id":3579431961273157,"idStr":"3579431961273157","authorId":3579431961273157,"name":"Windtalker78","avatar":"https://static.tigerbbs.com/0bf69a5ab416d33d0b16be20ef91c642","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3561239881014940,"repliedAuthor":{"id":3561239881014940,"idStr":"3561239881014940","authorId":3561239881014940,"name":"SUPERCHARGER","avatar":"https://static.tigerbbs.com/1d8977ccd4cef3718d77de1198ec99b1","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":376606795,"type":1,"supId":4105588,"prevId":4106411,"content":"steady","text":"steady","html":"steady"},{"id":4106952,"gmtCreate":1619132412913,"gmtModify":1680785177658,"authorId":3571959390768435,"author":{"id":3571959390768435,"idStr":"3571959390768435","authorId":3571959390768435,"name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.07","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376606795,"type":1,"supId":4105588,"prevId":0,"content":"?","text":"?","html":"?"},{"id":4106659,"gmtCreate":1619130430734,"gmtModify":1680785176485,"authorId":3581501226736554,"author":{"id":3581501226736554,"idStr":"3581501226736554","authorId":3581501226736554,"name":"taykaiz","avatar":"https://static.tigerbbs.com/98fe0d50331ab2a61b83d50adb45fd5c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376606795,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"},{"id":4106947,"gmtCreate":1619132377432,"gmtModify":1680785172532,"authorId":3571959390768435,"author":{"id":3571959390768435,"idStr":"3571959390768435","authorId":3571959390768435,"name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.07","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376606795,"type":1,"supId":4106659,"prevId":0,"content":"?","text":"?","html":"?"},{"id":4106411,"gmtCreate":1619126911795,"gmtModify":1680785166931,"authorId":3561239881014940,"author":{"id":3561239881014940,"idStr":"3561239881014940","authorId":3561239881014940,"name":"SUPERCHARGER","avatar":"https://static.tigerbbs.com/1d8977ccd4cef3718d77de1198ec99b1","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3579431961273157,"repliedAuthor":{"id":3579431961273157,"idStr":"3579431961273157","authorId":3579431961273157,"name":"Windtalker78","avatar":"https://static.tigerbbs.com/0bf69a5ab416d33d0b16be20ef91c642","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":376606795,"type":1,"supId":4105588,"prevId":4105716,"content":"Comment back leh","text":"Comment back leh","html":"Comment back leh"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":109,"commentSize":21,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}