Global Microchip Shortage – When and How Will It End?

The world is currently facing a severe semiconductor shortage, and it shows no signs of abating anytime soon. In addition to the combined efforts of advanced semiconductor manufacturing facilities and government initiatives, microchip shortages persist as demand skyrockets amid supply chain disruptions.

From smart devices to tumble dryers, cars to electric toothbrushes, machinery to dishwashers, and everything in between harnesses the power of microchips, the core of technology. Like many other current global challenges, semiconductor shortages were initially triggered by the COVID-19 pandemic, but continued chip shortages have halted a range of production lines. The global silicon chip shortage came as a surprise to many investors who rely on the small and ubiquitous electronic item to make electronic products and automobiles. Apart from investors, consumers are also facing an unprecedented shortage of semiconductors due to…

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