Shares of Indie Semiconductor (NASDAQ: INDI) rose 21.9% in the month of September, according to data provided by S&P Global Market Intelligence . The recently public chipmaker for the electric-vehicle (EV) and autonomous-vehicle industry benefited from rising demand for computer chips for automakers.
While the chip shortage severely dented auto sales in the third quarter, the continued push toward all-EV or mostly EV fleets is helping boost Indie's drive to blanket the market with its semiconductor solutions for automakers.
Image source: Getty Images.
For further details see:
Why Indie Semiconductor Jumped 22% in September