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Automakers do not manufacture chips and so when demand for automobiles and trucks crashed right after the Covid-19 pandemic, they cut their chip orders. However,
Automakers do not manufacture chips and so when demand for automobiles and trucks crashed right after the Covid-19 pandemic, they cut their chip orders. However, when demand bounced back, their chip supply did not necessarily bounce back. Had they been vertically integrated, this situation would not have occurred
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