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The Chip Shortage That’s Still Stalling | Jersey City News
Description
The global semiconductor shortage is still wreaking havoc—slowing car production, driving up console prices, and disrupting everything from phones to medical devices. Sparked by pandemic demand and supply chain chaos, it’s a complex crisis rooted in the slow, expensive build-out of chip factories and geopolitical tensions. While some experts hint at easing in select areas by year-end, others warn the crunch could linger into 2023—or beyond—for key chip types. With billions invested in new fabs, recovery will take time—and we’re all feeling the strain.
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