Microchips Causing Macro Problems: Causes & Effects of the Semiconductor Shortage
A shortage of microchips is impacting industries across the globe. Microchips are embedded in many commonplace electronics—this includes everything from smart fridges to smartphones. Signs of the chip shortage are everywhere: in empty car lots, electronic device backorders, and inflated prices. After the COVID-19 pandemic began in 2020, a semiconductor shortage quickly followed. As classes moved online and …
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