World Chip Shortage
Mar 02, 2021
3 minutes
–CL
world runs on silicon—even if a product doesn’t have chips in it, the machines that make it, deliver it, or supply the raw materials will. Manufacturing chips is expensive; the machines that make the wafers cost $100 million a pop. Such expensive machines are kept running continuously, and production runs are planned months in advance. Spare capacity is lost money, so the total capacity is close to total demand. If
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