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Semiconductor Shortage Still Hits Hard | California News
Description
The global semiconductor shortage is still raging, with demand soaring and supply chains crippled—phones, cars, even fridges rely on these tiny chips. Factories are maxed out, new plants take years and billions to build, and raw materials are scarce. Carmakers are idling, gamers can’t snag consoles, and prices are climbing across industries. A small relief may arrive late next year in some sectors, but auto recovery could stretch into 2024 or 2025. No quick fix here—the world’s still scrambling to catch up.
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