Daily Memo: The Chip Crunch Gets Worse, US Deployment Canceled

The shortage will be a topic of discussion during the Japanese prime minister's upcoming visit to Washington.

Talking microchips. The world’s top chipmaker, Taiwan Semiconductor Manufacturing Corp., said Thursday the global chip shortage could last well into next year. (The company also said its profits increased 20 percent in the first quarter.) South Korea’s president summoned leaders from Samsung (which also makes a lot of advanced chips) and South Korean automakers to […]

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