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A cut in production of silicon has exacerbated shortages and could lead to a huge increase in prices for many products made from the material - including computer chips.
The big chip crunch is really biting now, leaving even the most unexpected industries in crisis.
Paul Caine | July 29, 2021 8:49 pm A global shortage of computer chips is causing major headaches for American manufacturers. The COVID-19 pandemic has caused the disruption of supply chains and manufacturing the world over. Manufacturers of computer chips in Asia have been especially hard hit. And that means companies that make products that rely on such chips are feeling the pinch. Thanks to our sponsors: It’s been estimated that U.S. automakers alone will make 1 million fewer cars this year because they’re unable to source the computer chips they need. That in turn has driven up price...