Why is there a shortage of semiconductors chips?
Still, soaring demand in these other areas is creating shortages of the semiconductors necessary to their creation. Like most unpleasant things in our lives over the past two years, there is a single underlying cause of the global semiconductor shortage that is now prolonging and exacerbating it: COVID-19.
How long will semiconductor shortage last?
Since then, governments have started to pour billions of dollars into solutions — but shortages may still persist late into 2023 or 2024. It's an example of the long-ranging supply effects of the pandemic, and it's one that will have a direct effect on nearly every business.
Is there still a chip shortage 2022?
The chip shortage continues in 2022. While some experts believe that the situation will improve this year, others are convinced that the crisis will persist into 2023.