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There is no quick fix for the semiconductor shortage, but there is opportunity for investors.
On top of the long-term changes, we saw a perfect storm of catalysts contributing to the current chip shortage. COVID-19 was one of those catalysts, but not the only one.
Our team believes that we will see an improvement in certain areas of the chip shortage over the next 9 to 12 months, but tighter supply is likely to persist longer.