Semis

Volkswagen overnight said “they were adjusting output due to bottlenecks in Semi industry” and saying that Chip shortage threatens car production BBG So supply issues along with an increase in Demand obviously could raise prices for the end users. News also Overnight that US will sanction or blacklist dozens of Chinese including the country’s top Chip maker SMIC. Taiwan Semiconductor reported to be ending volume discounts for its Chips and increase prices in 2021. Higher input costs for everything from TVs,smart phones and gaming consoles. but no Inflation I guess

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