Expert: Chip Shortage Will Keep Prices High

Paul Greaney
By Paul Greaney
July 14, 2021NTD Business

Another thing pushing up prices is a global semi-conductor shortage. Officially, the price of a used car is up 27 percent on average since last year. People are apparently resorting to buying used cars because manufacturers can’t get the chips to make new ones. NTD asked Stephen Ezell, a chip industry expert, if it’s a problem with the semi-conductor supply chains or if demand for chips is just so high right now.

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