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- Demand for silicon chips outstrips supplyA chip shortage, also referred to as semiconductor shortage or chip famine, is a phenomenon in the integrated circuit (chip) industry when demand for silicon chips outstrips supply1. The shortage of semiconductors could stretch into the first quarter of 2023 to hamper production of technology-dependent products like automobiles2. The pandemic led to early signs of fluctuating demand, which led to stockpiling and advance ordering of chips by some tech firms, which left others struggling to acquire the components34. The chip shortage has affected everything from cars to games consoles during the height of the Covid-19 pandemic5.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A chip shortage, also referred to as semiconductor shortage or chip famine, is a phenomenon in the integrated circuit (chip) industry when demand for silicon chips outstrips supply.en.wikipedia.org/wiki/Chip_shortageAccording to the Commodity Intelligence Quarterly (CIQ) report from electronics supply chain analysis firm Supplyframe, now part of Siemens, the shortage of semiconductors could stretch into the first quarter of 2023 to hamper production of technology-dependent products like automobiles.blogs.sw.siemens.com/electronics-semiconductors/…Industry news site Semiconductor Engineering highlighted the risk of a chip shortage, partly due to a lack of 200mm manufacturing equipment, back in February 2020. As the pandemic unfolded, early signs of fluctuating demand led to stockpiling and advance ordering of chips by some tech firms, which left others struggling to acquire the components.www.bbc.com/news/business-58230388To put it bluntly, the chip shortage has been caused by the most basic market imbalance – a lack of supply and strong demand. Naturally, this didn’t happen randomly; the first problems of the current shortage were triggered by the pandemic-triggered lockdowns, which plagued most of the world in 2020.opinion.sites.northeastern.edu/2022/08/23/the-sem…The semiconductor shortage that affected everything from cars to games consoles during the height of the Covid-19 pandemic has turned into a chip glut — and some of the world’s biggest chipmakers are taking a hit. Semiconductors are tiny components that are integral to a slew of products including refrigerators, cars, smartphones and LED bulbs.www.cnbc.com/2023/07/28/how-the-world-went-fro…
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