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Semiconductor Shortage Still Looms
Description
The global semiconductor shortage is still wreaking havoc—demand outstrips supply, crippling everything from phones to cars to medical devices. It started a few years back and sent shockwaves through industries, causing delays, price hikes, and billions in lost revenue. But there’s hope: manufacturers are pouring money into new factories, though full recovery will take years. The world’s dependence on these tiny chips is clearer than ever—and relief may be on the horizon.
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