A current shortage of semiconductors is slowing down car production in some parts of the world. As cars become progressively more sophisticated, a greater part of the proportional cost is related to semiconductors - now around 35-40% and projected to increase to 50% by 2030. More widely, the whole technology sector is dependent on a secure supply of semiconductors. An article on Motley Fool gives further information. Whilst share prices rise and fall, it's hard not to see considerable growth in this sector of the market. I hold both Nvidia (NVDA) and $SMH (an ETF), although there are plenty of other options, including a relatively new £SMH for UK investors.

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