The current semiconductor shortage may not be the last. The auto...

The current semiconductor shortage may not be the last. The auto industry’s need for semiconductors is expected to explode in coming years because of autonomous driving features and the increasing popularity of electric vehicles, which are more reliant on software than internal combustion engines.Källenius said, though, that the most sophisticated chips were not the ones currently giving him headaches. “We are missing the most simple of chips that maybe only cost cents or dollars,” he said. “That’s holding us up from building a product that costs $US75,000.”The New York Times