Updated Jan. 4, 2024 4:24 pm ET
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rel=”” class=”css-1h1us5y-StyledLink el06won0″>severe shortages in automotive chips caused by the onset of the Covid pandemic in 2020 have continued to reverberate. Those shortages helped elevate chip-industry revenue over the past three years, as automakers and their top suppliers sought to build up inventory to avoid being caught flat-footed by the absence of crucial components.
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