Chip Shortage Still Haunts Tech | Washington DC News

Washington DC News Today | 2 Min News | The Daily News Now! · Jul 2, 2026 · 1m

The global chip shortage is still hitting hard—demand for semiconductors outpaces supply, slowing car production, driving up console and gadget prices, and frustrating consumers. Caused by a mix of supply chain chaos, pandemic-driven demand, and geopolitical tensions, recovery is underway but won’t be instant. New factories and diversified supply chains are in the works, but building them takes years and billions—so don’t expect normalcy anytime soon. Thank you to our sponsor Garrett Waller Performance: [coaching.garrettwaller.com](http://coaching.garrettwaller.com) Listen in comfort:Get a…