Chip shortage is starting to have major real-world consequences

The Epyc 2nd generation chip, manufactured by Advanced Micro Devices Inc. (AMD) is arranged for a photograph during a launch event in San Francisco, California, U.S., on Wednesday, Aug. 7, 2019.

David Paul Morris | Bloomberg | Getty Images

The severity of the global chip shortage has gone up a notch over the last few weeks and it’s now looking as though millions of people will be impacted. 

As technology has advanced, semiconductor chips have spread from computers and cars to toothbrushes and tumble dryers — they now lurk beneath the hood of a surprising number of products.

But demand

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Global chip shortage limiting supply of cars

JACKSONVILLE, Fla. – Having trouble finding a rental car or have you noticed prices for cars has gone up? There’s a reason for that: Car manufacturers just don’t have the supply.

So while the Jacksonville International Auto Show will be packed with cars, that’s not the case necessarily on car lots. A global shortage of microchips is a major reason for this.

The microchips are needed for all that tech inside cars. From driver’s assistance to airplay, they’re even needed for the car’s engine.

When the pandemic hit, automakers canceled their orders for the microchips, and now that people are

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Investors eye U.S. chip startups while feds put pressure on Taiwan

OAKLAND, Calif. — Silicon Valley venture capitalists, long focused on software and internet companies, are again pouring money into the semiconductor industry, lured by the promise of a new generation of artificial-intelligence chips that could challenge incumbents like Intel and Nvidia.

The new wave of semiconductor innovation will do little to address the shortage of chips based on older technology that is currently plaguing the auto industry and others. The shortage stems from a confluence of factors as carmakers, which shut plants during the COVID-19 pandemic last year, compete against the sprawling consumer electronics industry for chip supplies.

The enthusiasm

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The semiconductor shortage is here to stay, but it will affect chip companies differently

This article is part of a series tracking the effects of the COVID-19 pandemic on major businesses and sectors. For other articles and earlier versions, go here.

A global shortage of semiconductors — chips that power massive data-centers, modern autos and countless digital devices — has roiled global manufacturing and is not expected to end soon. It isn’t a blanket problem, however, as different sectors within the chip industry will continue to be affected by the shortage in different ways.

As the industry entered 2020, high demand was expected in the mobile chip area because of the rollout of 5G

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TSMC warns chip crisis will extend into 2022 | Automotive Industry News

Taiwan Semiconductor Manufacturing Company (TSMC) has warned the global chip shortage affecting industries including automotive and consumer electronics may continue into 2022.

The world’s largest semiconductor company said on Thursday it was building new factories and hiring thousands of people to match the soaring demand for silicon. Over the next three years it plans to invest $100bn in expanding capacity.

“We see the demand continue to be high,” C.C. Wei, CEO of TSMC told investors on Thursday. “In 2023, I hope we can offer more capacity to support our customers. At that time, we’ll start to see the supply chain

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Biden’s chip dreams face reality check of supply chain complexity

SAN FRANCISCO (Reuters) – To understand President Joe Biden’s challenge in taming a semiconductor shortage bedeviling automakers and other industries, consider a chip supplied by a U.S. firm for Hyundai Motor Co’s new electric vehicle, the IONIQ 5.

FILE PHOTO: U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst/File Photo

Production of the chip, a camera image sensor designed by On

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