General Motors Extends Shutdowns at Three Factories Amid Semiconductor Shortage
General Motors (NYSE: GM) said today that it will extend shutdowns at three of its North American factories until at least mid-March, amid an ongoing global shortage of semiconductor chips.
GM is one of several global automakers that have had to reduce production because of a shortage of computer chips. Chipmakers have scrambled to fill orders for automotive-grade silicon while coping with a surge in demand from makers of higher-end personal computers and peripherals.
Demand for home computers, including high-end gaming computers, has risen sharply amid the pandemic.
Source Fool.com
