Car chip shortage end

Despite many predictions that indicate the end may be in sight, the chip shortage is a complex issue with several moving parts. Global manufacturers, government entities, and more have worked to address specific aspects of the issue, but the many factors that influence the shortage make it challenging to accurately predict its conclusion.

These shortages will improve faster for certain products and industries, depending on the types of chips they use, but more tech executives are recognizing that the next phase of the shortage will be like the arcade game Whac-A-Mole.

When Will the Chip Shortage End? The semiconductor shortage won’t end on a single date. Some companies are starting to see relief this year, while others may have to wait until 2024 or later. Softening demand is the fastest route to relief, and it’s conceivable given the slowdown in the global economy.