The semiconductor chip crisis is real, and it’s had a serious impact on our lives. Cars are more expensive and harder to build. Computer makers are rushing to keep up with an insatiable consumer demand for remote work and school devices. Expect low stock and high prices to last until 2023 for GPUs, consoles and many other gadgets. By D. Hardawar @devindra.
While it’s an issue that affects practically everyone, the chip shortage has been particularly painful for gamers. A year after the PlayStation 5’s launch, it’s still practically impossible to order one. As Forrester Analytics’ Glenn O’Donnell tells Engadget, the issue is mostly a simple supply and demand problem.
NVIDIA CEO Jensen Huang echoed that sentiment in a recent Yahoo Finance interview, saying he doesn’t think there are any “magic bullets” when it comes to dealing with the supply chain. Huang also noted that NVIDIA’s own group of suppliers is multi-sourced and diverse, so the shortage shouldn’t dramatically affect the development of new products.
In the US, there’s a glimmer of hope that the Innovation and Competition Act (USICA), which includes $52 billion in funding for the CHIPs for America Act, could spur on more semiconductor production. Good read!
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