MICROCHIP SHORTAGE
Coverage of the chip shortage in the auto industry.
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A new collaboration between computing powerhouses could further enhance the way motorists interact with their vehicles.
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More than half of the new factory cuts seen in Europe this week are occurring in Eastern European plants.
The company, which works with several global automakers such as BYD, Mercedes-Benz and BMW, saw its stock surge 24 percent on Thursday, adding $184 billion to its value. The surge continued Friday.
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About 1.23 million vehicles have been axed worldwide so far this year because of the microchip shortage.
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