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Apple Weathers Chip Shortage

Apple may be out of danger regarding the semiconductor chip shortage, but without overhaul to the supply chain many more companies could fail, reports CNBC.

The semiconductor chip shortage is old news, but when the second-largest public company in the history of the U.S. stock market says it just left $6 billion in potential sales on the table as a result of limited chip supply — as Apple just did — it reinforces why the U.S. economy needs to rethink how it sources its semiconducting technology so that doesn’t happen again.

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AI Could Be Answer to Supply Chain Problems

According to Technology Review, artificial intelligence could solve the supply chain problems. 

With the supply-chain disruptions of the past two years showing no signs of easing anytime soon, businesses are turning to a new generation of AI-powered simulations called digital twins to help them get goods and services to customers on time

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The Global Supply Chain Needs A Digital Revolution

It is time for a digital transformation to revolutionize the global supply chain, reports WE Forums. 

During the COVID-19 pandemic, schools, hospitals, businesses and governments have depended on technological innovation more than ever before to keep their operations afloat. As nations work to rebuild and reinvigorate the global economy, recovery plans must focus on creating jobs, investing in infrastructure and driving innovation with sustainability at the very core. 

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