Shares in Ford plunged today after the car manufacturer warned a shortage of semi-conductor microchips could force a cut

The video discusses the global shortage of silicon chips and its impact on various industries. It highlights how supply chains have been disrupted, leading to longer lead times and increased costs. The shortage is exacerbated by production challenges in key regions like Taiwan and the US. Industries such as automotive and electronics are particularly affected, with companies like BMW, Ford, and Apple facing production delays and financial losses. Consumers are also impacted, experiencing higher prices and limited availability of products. The situation may take up to two years to stabilize.

What impact has the global shortage of silicon chips had on industries?

How have lead times for components changed since the pandemic?

What are some of the challenges faced by the semiconductor industry due to environmental factors?

What are the implications of electric vehicles on the demand for microchips?

In what ways might consumers be affected by the semiconductor shortages?