12 April 2021, 8:55 pm EDT By Huawei: US to Blame for Global Chip Shortage which Could Trigger Economic Crisis ( Screenshot From Bilal Mustafa YouTube ) Huawei has just blamed the US for the whole chip crunch that is shaking the global tech industry. Due to the sanctions against Chinese companies, a panic buying of semiconductors and other supplies have rocked global availability. Semiconductor Shortage 2021 Eric Xu, Rotating Chairman of Huawei noted at the company's 18th Huawei Analyst Summit that due to US sanctions against Huawei, there has been a panic stockpiling from major companies and even Chinese ones. Companies are now reportedly building up to three to six months worth of inventory.