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  2. The global chip shortage could drag on till 2022 — but the situation could improve from mid-year as more supplies become available, according to Gokul Hariharan from JPMorgan. An ongoing supply crunch for chips has hurt production across a number of industries, ranging from cars to consumer appliances, personal computers and smartphones.
    www.cnbc.com/2021/11/19/jpmorgan-on-semicond…
    While demand for chips rose 17% from 2019 to 2021, supply remains stagnant. It’s estimated that the world’s major chipmakers, largely focused in Taiwan, South Korea and Mainland China, are operating at 90% production capacity, effectively bottlenecking supply.
    investmentu.com/chip-shortage-update/
    Manufacturing is making a comeback in most industries after languishing during the pandemic and supplies of chips—used to operate most devices—are in short supply. The shortage is being felt acutely in the automotive industry and will for as long as two years, analysts say.
    www.techrepublic.com/article/the-global-chip-short…
     
  3. People also ask
    What is a global chip shortage?A global chip shortage is a phenomenon that affects the semiconductor industry and the industries that rely on it when the former is unable to produce enough chips to satisfy the demand of the latter. These chips are vital to the tech industry at large, as they're used in just about every modern electronic device in the world.
    Will the chip shortage last until 2024?Six months after predicting the global chip shortage would last until at least 2023, Intel CEO Pat Gelsinger is now suggesting it might be 2024 before we’re fully out of the woods.
    Is the chip shortage affecting the automotive industry?Sales are down from the same quarter last year and the chip shortage isn't helping. We are officially more than halfway through 2022 and the chip shortage triggered by the global pandemic continues to have a significantly detrimental effect on the automotive industry.
    Is the chip shortage real?"The chip shortage is real, but driven by more than COVID". NetworkWorld. Archived from the original on 16 January 2023. Retrieved 23 February 2022. ^ Taylor, Emily (23 March 2021). "How COVID, Climate Change and Trump Created a Global Chip Shortage". World Politics Review. Archived from the original on 28 September 2021. Retrieved 17 October 2021.
     
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