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Chip Shortage Still Stalls Global Supply | California News

Chip Shortage Still Stalls Global Supply | California News

Published 2 days, 20 hours ago
Description

The global chip shortage is far from over, with experts warning it could stretch into 2023—and its effects are everywhere: from stalled car production and soaring used car prices to delayed appliances and gaming consoles. Early optimism faded as new COVID outbreaks and geopolitical tensions disrupted manufacturing, slowing recovery. While companies pour billions into new fabs for long-term relief, everyday consumers are still feeling the crunch, waiting for the supply chain to finally catch up.

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