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January 26th - Growing concerns are that a shortage of memory chips could impact the automotive industry. With the increasing prevalence of software-defined vehicles (SDVs), the demand for memory chips in automobiles is growing, while supply is expected to shift towards the artificial intelligence (AI) market, leading to shortages. Some automotive chip companies are analyzed to potentially have to change their product designs due to insufficient memory supply. A semiconductor industry insider stated, "The risks to the automotive semiconductor supply chain may begin to emerge in the first half of this year," noting that "the industry expects memory chip prices to more than double." UBS Securities stated, "A memory chip shortage could pose a significant risk to the global automotive industry," and "is highly likely to put financial pressure on both (automotive semiconductor) suppliers and (vehicle) manufacturers."
Senate Minority Leader Schumer: Senate Republicans must work with Democrats to advance the passage of the other five appropriations bills, while we are also working to amend the Department of Homeland Securitys appropriations bill.
Senate Minority Leader Chuck Schumer: Senate Republicans, like all Americans, have seen the horrific scenes of U.S. Immigration and Customs Enforcement (ICE) openly abusing Americans in Minnesota.
Senate Minority Leader Schumer: Senate Democrats will not allow the current Department of Homeland Security appropriations bill to proceed.
Ukrainian President Zelensky: The security assurance documents we provided are 100% ready.