General Motors Profit Beats Estimates, but Chip Shortage Could Cost $2 Billion in 2021

General Motors (NYSE: GM) reported a fourth-quarter profit that beat Wall Street’s estimates, but said that an ongoing shortage of semiconductors could shave up to $2 billion from its profits in 2021. GM’s guidance for 2021 calls for an adjusted operating profit between $10 billiRead MoreMarketsMarkets Feed