The company’s UK subsidiary, Jaguar Land Rover (JLR), whose production volume has suffered due to the shortage of chip supplies, is showing signs of recuperation and is expected to recover sequentially in the next few quarters. JLR has maintained its guidance of more than 80,000 units of sales volume for the last quarter of this financial year and total volume of 310,000 units for the full fiscal.
Nasdaq rebounds but posts fourth straight weekly decline
On Friday, technology stocks saw a significant rebound, boosting investor optimism about growth in artificial intelligence amidst recent market fluctuations. The semiconductor sector soared, primarily