Rivian Faces Production Roadblocks Amid Supply Crunch: Shares Plunge

In a surprise turn of events, Rivian Automotive Inc. announced its downward production target revision for the year to come. Per the latest statement from the company, the supply chain remains the main disturbance; serious roadblocks may well impede Rivian's capability to sustain the previous growth pace.

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Hurricane Halts Quartz Mines Vital for Chipmaking and Solar

A powerful hurricane has devastated critical quartz mining in Brazil, blowing apart supply chains of semiconductors and solar industries. The strong storm-squall, called Hurricane Octavia, cut across the regions where huge deposits of one of the most important minerals were mined for hi-tech manufacturing.

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