Ford Motor Company’s F-150 Lightning electric pickup truck is facing production cuts due to lower-than-expected demand. This news has sent ripples through the stock market, with Ford shares trading lower. The article explores the reasons behind the production halt, the implications for Ford’s electric vehicle ambitions, and provides insights on Ford’s stock performance and potential investment opportunities.
Jeep, owned by Stellantis, has temporarily stopped production of its popular Wrangler and Grand Cherokee models due to high inventory levels and declining sales. The decision reflects broader challenges faced by the US manufacturing sector, including weak demand and fluctuating oil prices. The halt in production comes as Stellantis aims to manage inventory and improve operations in the US market.
According to information from the Chinese tech forum Board Channels, NVIDIA plans to stop production of its popular GeForce RTX 3060 GPU. The move comes as a surprise given the card’s popularity among PC gamers. NVIDIA is reportedly notifying partners to place their final orders, with production ending over the coming months. Gamers will likely switch to the newer GeForce RTX 4060, offering more performance and newer features, but at a reduced VRAM capacity.
