The global semiconductor shortage is still crippling industries, fueled by skyrocketing demand for tech—from cars to gaming consoles—and a supply chain that can’t keep up. Chip factories take years to build, raw materials are scarce, and delays are pushing prices higher. While some relief may arrive late next year, experts warn the crunch could linger into 2024 and beyond, reminding us how deeply reliant we are on these tiny but essential components.
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