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Global Chip Shortage Still Stalls Tech | Philadelphia News
The global chip shortage is far from over—demand for semiconductors outpaces supply, crippling everything from cars and gaming consoles to medical devices. Pandemic-driven factory shutdowns and surging consumer demand left the supply chain reeling, and while new factories are being built, they’ll take years to ramp up. Carmakers are idling production lines, gamers can’t snag the latest consoles, and prices keep climbing. Though some chip types may soon see oversupply, advanced chips remain tight for the foreseeable future. Governments are stepping in to boost domestic production, as the tech…
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