Why the Global Shortage in Computer Chips Matters to You
What? A global shortage in chips? Delays? Higher costs? Whatever happened to Moore’s Law?Read on. Moore’s Law only holds when chip supply isn’t an issue. Just now, the microchips that make every electronic device work are in short supply. The COVID-19 pandemic and unexpectedly cold weather in Texas temporarily closed chip factories. As news of the shortage spread, “panic buying” cleaned out inventory. Several other factors drive a continuing shortage as well: ● The switch to 5G phones is increasing chip demand, leading to delays: Even the mighty Apple, a $2tn company and the world’s biggest buyer of semiconductors spending $58bn annually, was forced to delay the launch of the much-hyped iPhone 12 by two months last year due to the shortage. Mark Sweney, “Global shortage in computer chips ‘reaches crisis point’” at Read More ›