Is the microchip shortage over?
Is the microchip shortage over? When will the global chip shortage end? Semiconductor supply had been expected to rebound by the end of 2021, but the global chip shortage is now set to last into next year and could remain until 2023, experts fear. Why is there a chip shortage in 2021? Automakers around the world have been forced to halt or slow down production thanks to a global shortage of semiconductor chips. Auto plant closures during the pandemic, fire at a major chip supplier factory and the jump in demand for electronic devices have all fueled the chip shortage....