The Global Chip Shortage, Explained

This week’s topic is about impact of the current global chip shortage and many of the reasons behind why this shortage will be ongoing for some time. Current estimates are pointing toward a possible shortage until 2023! What this shortage means is that it could be difficult and/ or more expensive to buy things such as consumer electronics or automobiles.

There is a chance you may not have felt the impact of this shortage in your daily life just yet. However, the video below and the other resources linked here should give you some idea how far reaching this situation is at the moment.

Additional resources:

https://www.theverge.com/2021/4/7/22368552/global-chip-shortage-end-tsmc-samsung-ps5-supply-demand-intel

https://www.zdnet.com/article/the-impact-of-the-global-chip-shortage-continues-to-ripple-across-the-tech-supply-chain/

Does the global chip shortage effect you? If so, please let us know in the comments below. And if you have any additional questions about the chip shortage, please do not hesitate to ask. Have fun everyone 😃

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