1.GLOBAL CHIP SHORTAGE
As technology continues to advance, the world is starting to have major real consequences as a result of global chip shortage. Semiconductor chips have spread from computers and cars to other products such as toothbrushes and tumble dryers etc. Now the question at hand, who are major companies producing these devices? The top 10 semiconductor companies across the world based on their total revenue in 2020 are:
1. Intel (INTC) — Santa Clara, California, United States
2. Samsung Electronics — Yeongtong District, Suwon, South Korea
3. Taiwan Semiconductor Manufacturing Co. (TSMC) — Hsinchu Science Park, Taiwan
4. SK Hynix Inc. — Icheon, South Korea
5. Broadcom Corporation — Irvine, California, United States
6. Qualcomm — San Diego, California, United States
7. Micron Technology — Boise, Idaho, United States
8. Applied Materials — Santa Clara, California, United States
9. Nvidia Corporation — Santa Clara, California, United States
10. Texas Instruments Inc. — Dallas, Texas, United States
2. MASSIVE SHORTAGE OF STEEL AND STAINLESS STEEL IN EUROPE AND THE UNITED STATES
The world is experiencing massive shortage of steel and stainless steel due to serious global structural problems in production, supply and distribution since November 2020.This has also been aided by the Corona pandemic and, in addition the USA and EU imposed strict import restrictions. Some of the top U.S Steel producers: Nucor Corporation and U. S. Steel Corporation,
More companies check
https://bit.ly/3xUWgoE.
In conclusion, the above two factors (Shortage of Chip and Steel) are good pointers or ideas that can use to select which companies to invest in or stocks to trade or invest. To trade stocks open your account in five mins via https://bit.ly/fgfxpesa.
For assistance visit www.fiftiglobal.com or Email: info@fiftiglobal.com or Call : +254701912509
Disclaimer: The content has been prepared by Fineagle Forex & Trading Institute for general information and educational purposes only and does not constitute to investment advice. Financial products are complex and involves significant risk of loss and is not suitable for all investor. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance upon such information
To understand more about how forex works and when Price are at Low or High enroll to our intensive training by sending an email to
info@fiftiglobal.com for more details on our Online training courses or register a free demo account for practice
here .
Fineagle Forex & Trading Institute
www.fiftiglobal.com
NITA accredited.