microchip

Car industry faces choke point as US hurricane shuts down critical microchip mine

Global supplies of microchips that feature in cars and smartphones have been threatened after the US hurricane Helene forced the closure of a mine that is critical to production. Flooding and power outages caused by the hurricane have shut down mining and processing operations at Spruce Pine, a quartz facility in a remote area of …

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Warning on Nvidia. We are in a microchip bubble.

Nvidia is in a bubble, stocks will falter, and a recession will hit this year, Jesse Felder said. The markets guru said the microchip frenzy would fade, and stock-market returns would drop off. Prepare for slower growth, higher unemployment, and sticky inflation and interest rates, he said. Nvidia hype is a bubble that will burst, …

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