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

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

Assessment

Interactive Video

Business, Science, Computers

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

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.

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OPEN ENDED QUESTION

3 mins • 1 pt

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