2020–present global chip shortage

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
For the subject in general, see Chip shortage.
The global automotive industry was expected to lose US$210 billion in revenue in 2021 due to the global chip shortage.[1][2]

The 2020–present global chip shortage is an ongoing global crisis in which the demand for integrated circuits (commonly known as semiconductor chips) exceeds the supply, affecting more than 169 industries.[3] The crisis has led to major price increases, shortages queues and scalping among consumers for automobiles, graphics cards, video game consoles, computers, household appliances, and other products that require semiconductors.[4][5][6]

From early 2020, when the effects of and the mitigation of the COVID-19 pandemic caused disruptions in supply chains and logistics which, coupled with a 13% increase in global demand for PCs owing to some countries' shift to a stay-at-home economy,[7] impacted the availability of key chips necessary for the manufacturing of a broad swathe of electronics.[8] The pandemic's impact on the manufacture of semiconductors in South Korea and Taiwan was cited as a cause for the shortage, with constrained supply impacting industries as broad as console gaming and the automotive industry.[9][10]

In February 2021, market analysts IHS Markit were cited by the BBC as forecasting the impact of the dearth to last through to the third quarter of 2021; lead times on chip supply at this time had already extended to 15 weeks, the longest lead time since 2017.[10] By April 2021, lead times for semiconductors from Broadcom Inc. had "extended to 22.2 weeks, up from 12.2 weeks in February 2020".[10]

Severe weather events including the droughts in Taiwan during the summer of 2021 were also a significant contributing factor. The droughts affected the production due to the lack of available ultrapure water that is needed to clean the factories and wafers.[11][12]

At the end of Q1 2021, used car prices in some countries were increasing due to the demand from both economic recovery, as well as the chip shortage. The price of some cars increased as much as 10% in Q1.[13]

Causes[edit]

The global chip crisis is due to a combination of different events described as a perfect storm[14][15][16] with the snowball effect of the COVID-19 pandemic being the primary reason for accelerating shortages. Another contributing factor is that demand is so great that existing production capacity can't keep up.[17] Other causes have been attributed to the China–United States trade war and the 2021 drought in Taiwan.[18][19]

COVID-19 pandemic[edit]

Main article: COVID-19 pandemic
See also: Shortages related to the COVID-19 pandemic

An increase in remote work and remote learning[20][21] caused a surge in demand for computers,[22] network peripherals,[20] and other consumer electronics with chips.[22] Due to lockdowns, chip production facilities were shut down,[23][24] leading to the depletion of inventories.[25] In the fourth quarter of 2020, traditional computer sales saw a 26.1% growth over the previous year.[26]

China–United States trade war[edit]

Main article: China–United States trade war

In September 2020, as part of the economic conflict between China and the United States, the US Department of Commerce imposed restrictions on China's largest chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), which made it harder for them to sell to companies with American ties.[27] These restrictions forced companies to use other manufacturing plants like Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Samsung.[28] However, these companies were already producing at maximum capacity.[29]

In 2020, GlobalFoundries, a U.S.-based chipmaker and AMD's semiconductor manufacturing arm before its IPO, ceased operations at its only Chinese plant. The fab was supposed to produce 300-mm wafers, but the 65,000-square-meter factory in Beijing never began production.[30]

In October 2022, the United States announced they would introduce further measures in restricting sales of computer chip technology to Chinese companies, primarily affecting sales of advanced chips necessary for cutting-edge technologies. As a result, the shares of major Asian chipmaker companies have slumped during the reopening of stock markets in Taiwan, Japan, and South Korea after public holidays.[31]

Cryptocurrency[edit]

The increased use of cryptocurrencies has led to a large amount of mining, which is done primarily with specialized computers. The high demand for cryptocurrency mining machines has reduced the availability of chips for other uses.[32]

Severe weather[edit]

A severe winter storm in February 2021 forced the closure of three plants in Austin, Texas owned by Samsung, Infineon, and NXP Semiconductors, due to loss of electricity.[12] This set back supply from these plants by several months.[33]

Taiwan is the leader of the global semiconductor industry, with TSMC alone accounting for more than 50% of the global wafer foundry market in 2020.[34] In 2021, Taiwan experienced its worst drought in more than half a century,[35] leading to problems among chip manufacturers that use large amounts of ultra-pure water to clean their factories and wafers. For example, TSMC's facilities used more than 63,000 tons of water a day, more than 10% of the supply of two local reservoirs.[36]

Fires at facilities[edit]

An Asahi Kasei semiconductor plant which specializes in ADC and DAC components caught fire in October 2020.[33] Another Japanese factory owned by Renesas Electronics, which supplies 30% of the global market for microcontroller units used in cars, caught fire in March 2021; Renesas said it would take at least 100 days for them to get back to normal production.[37] In January 2022, a fire from the Berlin plant of ASML affected the production of EUV lithography equipment used in chip production.[38]

Russia–Ukraine war[edit]

Main article: 2022 Russian invasion of Ukraine

The price of neon, a noble gas needed for lasers in chip manufacture, increased sixfold between December 2021 and March 2022 due to the COVID-19 pandemic and war in Ukraine.[39] The supply of neon was severely constrained by the 2022 Russian invasion of Ukraine, sparking fears that the conflict could worsen the chip shortage. Ukraine produces about half of the global neon supply as a byproduct of the Russian steel industry, and 90% of the semiconductor-grade neon used in the United States.[40][41] Semiconductor manufacturers have searched for alternative suppliers, such as noble-gas manufacturers in China, but any new supplier would take at least nine months to increase production.[39] The supply of krypton and xenon, of which Ukraine is also a major exporter, was affected as well.[42]

Russia exports about 40% of the global supply of the metal palladium, used in certain chip components, and the supply of palladium could be affected by trade sanctions imposed by Western governments.[43]

Impacted industries[edit]

According to an analysis by Goldman Sachs, at least 169 industries have been impacted by the global chip shortage,[3] with the automotive and consumer electronics industries among the most affected by the crisis.[44][45][46]

Cars[edit]

U.S. automobile production, 1993–2021

The average modern car can have between 1,400 and 1,500 chips, some even up to 3,000.[47] Cars account for 15% of global chip consumption, while personal electronics account for around 50%. Chip revenues are even more skewed towards non-automotive sectors.[47] The chip shortage is expected to cost the global automotive industry US$210 billion in revenue in 2021.[1][2][needs update] Despite lower sales, some manufacturers increased profits over 2020, as Toyota and General Motors, for example, saw record profits for 2021, due to resilient demand and decreased financial incentives offered to buyers.[48][49]

At the start of the pandemic, car manufacturers incorrectly predicted that sales would drop, canceled chip orders, and were unprepared to meet demand.[50] Chip manufacturers had more commitments from the IT sector, which reduced capacity for car chips.[47] Ford parked thousands of unfinished vehicles at Kentucky Speedway as the company waited for chips to finish assembling those cars.[51] Toyota planned to cut vehicle production worldwide by 40% in September 2021,[52] while General Motors announced it would halt production of almost all cars at its North American plants for a week or two that same month.[53] During the third quarter of 2021, there were only two-thirds as many new car sales in the United States as there had been during the same time period in 2020, as supply could not meet demand.[54] Opel closed its Eisenach manufacturing plant until 2022 because of the shortage, causing 1,300 workers to be temporarily laid off.[55] In mid-2022 Automotive manufacturing corporation Stellantis paused production at two plants in France claiming a lack of semiconductors.[56]

Desktop computers and graphics cards[edit]

The availability of virtually all components required to build a desktop computer has been greatly impacted by the global chip shortage.[57] The two main manufacturers of CPU chips, AMD and Intel have struggled to keep up with the rising demand of their products as a result of the global pandemic.[20][58] Furthermore, the global chip shortage has made it difficult to acquire graphics cards,[59] with the availability of new and used GPU cards being further worsened by an increase in cryptocurrency mining in 2021.[32] Furthermore, AMD and Nvidia, the leading manufacturers of GPU cards, both released new models of their flagship cards during the pandemic, these newer models have been in extremely high demand, and rarely found in stock.[60] Furthermore, scalpers often utilize Internet bots to automatically buy out a retailers stock in a matter of seconds.[61] These cards are then resold with the price marked up to 300% above the MSRP.[62]

However, pricing for GPU starts going back to MSRP due to Ether (one of the most used cryptocurrency second to Bitcoin according to market capitalization)[63][64], underwent consensus mechanism change dubbed "The Merge"[65], which changes it from being from energy guzzling proof-of-work (PoW) to proof-of-stake (PoS) around 15th September 2022.[66][67][68] This, combined with the release of 40-series Nvidia GPU[69], alongside with decreasing cryptomining profitability as the coin prices plummeting[70], results in cryptominers offloading their used cards to the market.[71]

Video game consoles[edit]

During the COVID-19 pandemic, cinemas and theaters were closed to prevent the spread of the virus, leading many people to turn to home entertainment during periods of self-isolation,[72] which increased the demand for video game consoles.[72][73] With the release of the ninth generation of video game consoles coinciding with the pandemic, demand increased even further, with both Microsoft and Sony reporting record demand for their new consoles.[73] Microsoft expected in February 2021 that shortages of the Xbox Series X and Series S would continue until at least mid-2021,[74] while Sony warned in May 2021 that short supply of the PlayStation 5 console would continue into 2022.[75] Both companies use AMD chips manufactured by TSMC in their ninth-generation consoles, which puts extra strain on the supply chain. As supply problems persist, scalpers are reselling the consoles on websites such as eBay for 50 to 100% above their retail price.[76] Nintendo made 20% fewer Switch consoles. The company originally planned to produce as many as 30 million units, but was only able to produce 24 million through their fiscal year, which was until March 2022.[77]

Reactions[edit]

Governments[edit]

On February 24, 2021, U.S. President Joe Biden signed an executive order trying to address the chip shortage by reviewing options to strengthen the semiconductor supply chain.[78] Later in April, CEOs of major technology companies and U.S. government officials attended a virtual summit with the White House to talk about improving the resilience of the semiconductor supply chain.[79] In a virtual meeting on September 23, 2021, which followed another meeting in May, the White House pressed automakers, chip manufacturers and others to provide information on the ongoing crisis that has forced cuts to U.S. automobile production, and to take the lead in helping solve it.[80]

On September 15, 2021, President of the European Commission Ursula von der Leyen trailed a forthcoming European Chips Act in her State of the Union address.[81] It was announced that the European Union will use legislation to push for greater resilience and sovereignty in regional semiconductor supply chains.[82]

In December 2021, India outlined a plan to boost its chip manufacturing base.[83]

US Congress passed the CHIPS Act in summer 2022 and on August 9, 2022 President Biden signed the bill into law.

Companies[edit]

On July 22, 2021, Intel CEO Pat Gelsinger said he expects the chip shortage will get worse in the second half of 2021 and that it will be a year or two before supplies return to normal.[58] On August 19, 2021, Jensen Huang, CEO of Nvidia, said he expects the shortage to continue well into 2022,[84] while AMD CEO Lisa Su said on September 27, 2021, that the shortage would improve throughout the second half of 2022, though she warned that supply would remain tight until then.[85] However, IBM CEO Arvind Krishna said on October 11 that any prediction of a resolution to the chip shortage by the end of 2022 is optimistic, and that he sees it "more likely" that the issue will not be fully solved until 2023 or 2024.[86]

On September 24, 2021, Taiwan's TSMC said it is actively supporting and working with all stakeholders to overcome the global chip crisis, after its participation at the White House virtual meeting on September 23.[87] Earlier in April 2021, TSMC announced that it plans to invest US$100 billion over the next three years to increase capacity at its plants,[88] days after Intel announced a US$20 billion plan to expand its advanced chip making capacity in Arizona.[89] Already in May 2020, TSMC announced its US$12 billion plan to build and operate a semiconductor fab in Arizona, their second manufacturing site in the United States.[90] Construction is underway as of June 2021, with chip production targeted to begin in 2024.[91] In December 2022, TSMC announced it would triple its investment in its Arizona plants to a total of $40 billion.[92]

On September 20, 2021, the CEO of U.S. automaker General Motors, Mary Barra, said that the chip shortage has forced a supply chain rethink. Barra said that the company will source more semiconductors directly from chip manufacturers instead of suppliers to adapt to the ongoing global chip shortage.[93]

ASML Holding the largest supplier for the semiconductor industry and the sole supplier of extreme ultraviolet lithography photolithography machines to produce the most advanced computer chips has been profiting from the chip shortage.[94]

On November 9, 2021, TSMC announced a partnership deal with Sony (Sony Semiconductor Solutions Corporation) for a new $7 billion chip factory in Kumamoto, Japan. The plant will produce 22-nanometer and 28-nanometer chips to address strong global demand for specialty chip technologies. The factory began construction in 2022 and is expected to be operational by 2024.[95][96][97]

On November 29, 2021, Nissan CEO, Makoto Uchida, told the BBC it was too early to say when normal deliveries of microchips, and therefore finished cars, would resume.[98]

Recovery[edit]

In late May and June 2022 the chip shortage became a chip surplus according to Voice of America. Micron Technology said they would reduce production, and the sudden shift caught Micron by surprise. Industry experts noted that automakers ordered a surplus of chips in the first two quarters of 2022.[99]

References[edit]

  1. ^ a b Wayland, Michael (2021-09-23). "Chip shortage expected to cost auto industry $210 billion in revenue in 2021". CNBC. Archived from the original on 2022-01-01. Retrieved 2021-11-02.
  2. ^ a b Duffy, Kate (2021-09-23). "Global chip shortages are expected to cost automakers $210 billion in 2021 — almost double previous estimates, a consulting firm says". Business Insider. Reuters. Archived from the original on 2022-01-03. Retrieved 2021-11-02.
  3. ^ a b Howley, Daniel (2021-04-25). "These 169 industries are being hit by the global chip shortages". Yahoo Finance. Archived from the original on 2021-10-06. Retrieved 2021-10-17.
  4. ^ "Global shortage in computer chips 'reaches crisis point'". The Guardian. 2021-03-21. Archived from the original on 2021-10-19. Retrieved 2021-10-17.
  5. ^ Shead, Sam (2021-05-07). "The global chip shortage is starting to have major real-world consequences". CNBC. Archived from the original on 2021-10-15. Retrieved 2021-10-17.
  6. ^ Leprince-Ringuet, Daphne (2021-05-04). "The global chip shortage is a much bigger problem than everyone realised. And it will go on for longer, too". ZDNet. Archived from the original on 2021-09-24. Retrieved 2021-10-17.
  7. ^ "MacBook and iPad production delayed as supply crunch hits Apple". Nikkei Asia. Retrieved 2022-03-23.
  8. ^ "Chip-shortage 'crisis' halts car-company output". BBC News. 2021-01-18. Retrieved 2021-01-18.
  9. ^ "Chip-shortage 'crisis' halts car-company output". BBC News. 2021-01-18. Retrieved 2022-03-23.
  10. ^ a b c "How a Chip Shortage Snarled Everything From Phones to Cars". Bloomberg. Retrieved 2022-03-23.
  11. ^ "Taiwan is facing a drought, and it has prioritized its computer chip business over farmers". The New York Times. 2021-04-08. ISSN 0362-4331. Retrieved 2022-03-23.
  12. ^ a b Porter, Jon (17 February 2021). "Samsung forced to halt chip production in Austin due to power outages". The Verge. Archived from the original on 27 November 2021. Retrieved 27 November 2021.
  13. ^ "These Used Cars Increased the Most in Q1 2021". Keemut Blog. 2021-04-07. Retrieved 2022-03-23.
  14. ^ Steitz, Christoph (4 October 2021). "Audi CEO sees chip shortage as 'perfect storm' but will get through it". Reuters.
  15. ^ "How a perfect storm created the global chip shortage".
  16. ^ "How Long Will the Chip Shortage Last? | J.P. Morgan Research".
  17. ^ Patrizio, Andy (6 July 2021). "The chip shortage is real, but driven by more than COVID". NetworkWorld. Retrieved 23 February 2022.
  18. ^ Taylor, Emily (2021-03-23). "How COVID, Climate Change and Trump Created a Global Chip Shortage". World Politics Review. Archived from the original on 2021-09-28. Retrieved 2021-10-17.
  19. ^ Pizzemento, Allie (2021-04-15). "The 2021 Semiconductor Chip Shortage: What, Why, and What's Next?". MAU Workforce Solutions. Archived from the original on 2021-11-30. Retrieved 2021-10-17.
  20. ^ a b c Yang, Heekyong; Yamazaki, Makiko (2020-03-23). "Home work triggers demand jump for chips, laptops and network goods". Reuters. Seoul/Tokyo. Archived from the original on 2021-12-03. Retrieved 2021-12-21.
  21. ^ Abril, Danielle (2020-03-17). "Computer monitors and other work-at-home essentials are in big demand in the coronavirus era". Fortune. Archived from the original on 2021-11-09. Retrieved 2021-12-21.
  22. ^ a b Leswing, Kif (2021-02-10). "Why there's a chip shortage that's hurting everything from the PlayStation 5 to the Chevy Malibu". CNBC. Archived from the original on 2021-12-21. Retrieved 2021-12-21.
  23. ^ Ro, Christine (2020-12-16). "How the microchip powered pandemic life". BBC. Archived from the original on 2021-11-10. Retrieved 2021-11-09.
  24. ^ Ravi, Sarah (2020-10-13). "From Microchips to Medical Devices: Semiconductors as an Essential Industry during the COVID-19 Pandemic" (PDF). Semiconductor Industry Association. Archived (PDF) from the original on 2021-08-18. Retrieved 2021-11-09.
  25. ^ Peters, Trent (2021-06-28). "The Global Chip Shortage's Impact on You". Umbrella Managed Systems. Archived from the original on 2021-11-10. Retrieved 2021-11-09.
  26. ^ "PC Sales Remain on Fire as Fourth Quarter Shipments Grow 26.1% Over the Previous Year, According to IDC". IDC. 2021-01-11. Archived from the original on 2021-12-30. Retrieved 2021-10-17.
  27. ^ Lyons, Kim (2020-09-26). "US tightens trade restrictions on Chinese chipmaker SMIC". The Verge. Archived from the original on 2021-11-10. Retrieved 2021-11-09.
  28. ^ "Chip shortage peaks during pandemic, how does it affect the industry?". The Finery Report. 2021-09-06. Archived from the original on 2021-11-10. Retrieved 2021-11-09.
  29. ^ Massie, Graeme (2021-02-11). "Major chip shortage caused by Trump trade war blamed for PS5 shortage". The Independent. Archived from the original on 2021-09-26. Retrieved 2021-10-17.
  30. ^ Geng, Yvonne (2020-05-28). "GlobalFoundries to Shut Chengdu Wafer Fab". EE Times Asia.{{cite news}}: CS1 maint: url-status (link)
  31. ^ "Asia chipmaker shares slide after US curbs on China". BBC News. Retrieved 2022-10-11.
  32. ^ a b "Crypto-miners are probably to blame for the graphics-chip shortage". The Economist. 2021-06-19. ISSN 0013-0613. Archived from the original on 2021-09-23. Retrieved 2021-10-17.
  33. ^ a b Patel, Nilay (31 August 2021). "Why the global chip shortage is making it so hard to buy a PS5". The Verge. Archived from the original on 27 November 2021. Retrieved 27 November 2021.
  34. ^ "Taiwan to remain largest semiconductor material market in 2020, 2021". Focus Taiwan. 2020-09-22. Archived from the original on 2020-09-23. Retrieved 2021-10-03.
  35. ^ Barrett, Eamon (2021-06-12). "Taiwan's drought is exposing just how much water chipmakers like TSMC use (and reuse)". Fortune. Archived from the original on 2021-11-10. Retrieved 2021-11-09.
  36. ^ "Taiwan is facing a drought, and it has prioritized its computer chip business over farmers". The New York Times. 2021-04-08. ISSN 0362-4331. Archived from the original on 2021-11-11. Retrieved 2021-10-17.
  37. ^ "Global auto recovery to take more hits from Japan chip plant fire, severe U.S. weather: IHS". Reuters. 2021-03-31. Archived from the original on 2021-10-18. Retrieved 2021-10-10.
  38. ^ "ASML reports fire at its Berlin factory". Reuters. 3 January 2022. Archived from the original on 2022-01-05. Retrieved 2022-01-06.
  39. ^ a b "Chipmakers see limited impact for now, as Russia invades Ukraine". CNBC. 24 February 2022. Retrieved 13 March 2022.
  40. ^ "Ukraine halts half of world's neon output for chips, clouding outlook". CNN. Retrieved 13 March 2022.
  41. ^ "Ukraine supplies 90% of U.S. semiconductor-grade neon (and what it means to chip supply chain)". VentureBeat. 24 February 2022. Retrieved 13 March 2022.
  42. ^ Times, Financial (4 March 2022). "Low on gas: Ukraine invasion chokes supply of neon needed for chipmaking". Ars Technica. Retrieved 13 March 2022.
  43. ^ "Explained: Why the Russia-Ukraine crisis may lead to a shortage in semiconductors". MSN. The Indian Express.
  44. ^ Rexaline, Shanthi (2021-04-14). "The Global Chip Shortage: Worst-Hit Stocks And Industries, Potential Beneficiaries". Benzinga. Archived from the original on 2021-11-10. Retrieved 2021-11-09.
  45. ^ Dooley, Dan (2021-06-07). "4 sectors hardest hit by the global chip shortage". FierceElectronics. Archived from the original on 2021-11-10. Retrieved 2021-11-09.
  46. ^ Lisa, Andrew (2021-08-25). "4 Critical Industries Affected by the Chip Shortage". Yahoo Finance. Archived from the original on 2021-11-10. Retrieved 2021-11-09.
  47. ^ a b c "Stock take: Experts drill into the motor industry's chip issues". Autocar. 2021-09-20. Archived from the original on 2021-09-21. Retrieved 2021-10-17.
  48. ^ Boudette, Neal E. (1 February 2022). "G.M. expects production to return to normal this year as a chip shortage eases". The New York Times. Retrieved 11 February 2022.
  49. ^ Kageyama, Yuri (11 May 2022). "Toyota's quarterly profit down on COVID parts crunch". AP News. Retrieved 11 May 2022.
  50. ^ Bicer, Aysu (2021-03-31). "Automakers' chip crisis spreading to other sectors". Anadolu Agency. Washington. Archived from the original on 2021-05-10. Retrieved 2021-09-04.
  51. ^ Holderith, Peter (2021-05-05). "Stockpile of Unfinished Ford Super Duty Pickups Missing Chips Is Now Visible from Space". The Drive. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  52. ^ "Chip shortage: Toyota to cut global production by 40%". BBC News. 2021-08-19. Archived from the original on 2021-09-03. Retrieved 2021-09-02.
  53. ^ Isidore, Chris (2021-09-03). "GM shutting down production at most of its plants in North America". CNN Business. Archived from the original on 2021-09-04. Retrieved 2021-09-04.
  54. ^ Isidore, Chris (2021-10-01). "Car sales plunge as chip shortages choke off supply". CNN Business. Archived from the original on 2021-10-01. Retrieved 2021-10-02.
  55. ^ Waldersee, Victoria (2021-09-30). "Chip shortage leads carmaker Opel to shut German plant until 2022". Reuters. Berlin. Archived from the original on 2021-11-02. Retrieved 2021-11-02.
  56. ^ "Stellantis will halt production at 2 French plants". Automotive News Europe. 2022-06-23. Retrieved 2022-06-25.
  57. ^ Jacob Ridley (2021-04-16). "The tragic state of PC building in 2021". PC Gamer. Retrieved 2022-04-20.
  58. ^ a b Martin, Dylan (2021-07-22). "Intel Expects CPU Shortage To Worsen In Q3 As PC Sales Grow". CRN. Archived from the original on 2021-10-18. Retrieved 2021-10-17.
  59. ^ Vicente, Vann. "Why Is It So Hard to Buy a Graphics Card in 2021?". How-To Geek. Archived from the original on 2021-10-11. Retrieved 2021-10-17.
  60. ^ Dragan, Lauren; Cunningham, Andrew (2021-03-08). "A Silicon Chip Shortage May Delay Headphones and Game Consoles, but Don't Panic". Wirecutter. Archived from the original on 2021-10-03. Retrieved 2021-10-03.
  61. ^ "How Do Bots Buy Up Graphics Cards? We Rented One to Find Out". PCMAG. Retrieved 2022-04-20.
  62. ^ "GPU Market Pricing Back in Uptrend, Shattering Expectations of Price Normalization". TechPowerUp. 2021-08-30. Archived from the original on 2021-10-17. Retrieved 2021-10-17.
  63. ^ "What are cryptocurrencies and stablecoins and how do they work?". Financial Times. 2021-05-28. Retrieved 2022-12-22.
  64. ^ Vigna, Paul. "DeFi Is Helping to Fuel the Crypto Market Boom—and Its Recent Volatility". WSJ. Retrieved 2022-12-22.
  65. ^ "The Merge". ethereum.org. Retrieved 2022-12-22.
  66. ^ Harz, Tyler Von (2022-09-20). "The Effects of the Ethereum Merge on GPU Prices". History-Computer. Retrieved 2022-12-22.
  67. ^ "Ethereum Merge pushes China's GPU prices to 'lowest level'". South China Morning Post. 2022-09-25. Retrieved 2022-12-22.
  68. ^ published, Jarred Walton (2022-09-15). "A Close Look at GPU Prices Right Before the Ethereum Merge". Tom's Hardware. Retrieved 2022-12-22.
  69. ^ published, Jarred Walton (2022-09-23). "GPU Prices Fall After Nvidia Announcement, Ethereum Merge". Tom's Hardware. Retrieved 2022-12-22.
  70. ^ Harper, Colin. "Bitcoin Miners Face Shrinking Profitability Amid Crypto Crash". Forbes. Retrieved 2022-12-22.
  71. ^ Mann, Tobias. "Ethereum Merge signals end of GPU shortage, not high pricing". www.theregister.com. Retrieved 2022-12-22.
  72. ^ a b Clement, J. (2021-06-04). "Increase in video games and consoles sold due to coronavirus worldwide 2020". Statista. Archived from the original on 2021-10-29. Retrieved 2021-10-19.
  73. ^ a b "The COVID-19 Consoles Thriving in Lockdown". PricewaterhouseCoopers. Archived from the original on 2021-10-29. Retrieved 2021-10-19.
  74. ^ Cryer, Hirun (2021-02-02). "Xbox Series X and Series S shortages are expected until at least June 2021". GamesRadar. Archived from the original on 2021-06-02. Retrieved 2021-06-01.
  75. ^ Takashi, Mochizuki (2021-05-10). "Sony Warns Tight PlayStation 5 Supply to Extend Into Next Year". Bloomberg. Archived from the original on 2021-05-12. Retrieved 2021-10-17.
  76. ^ Murphy, Mike; Levy, Karyne; Hashim, Shakeel (2021-03-16). "Can consoles overcome the chip shortage?". Protocol. Archived from the original on 2021-11-18. Retrieved 2021-10-17.
  77. ^ "Nintendo to make 20% fewer Switch consoles due to chip crunch". Nikkei Asia. 2021-11-02. Archived from the original on 2021-12-20. Retrieved 2021-11-02.
  78. ^ "Biden signs executive order to address chip shortage through a review to strengthen supply chains". CNBC. 2021-02-24. Archived from the original on 2021-09-29. Retrieved 2021-09-21.
  79. ^ Hatmaker, Taylor (2021-04-12). "Tech and auto execs tackle global chip shortage at White House summit". TechCrunch. Archived from the original on 2022-01-30. Retrieved 2021-10-17.
  80. ^ Shepardson, David; Nellis, Stephen; Alper, Alexandra (2021-09-24). "White House prods companies on chips information request". Reuters. Washington. Archived from the original on 2021-10-17. Retrieved 2021-10-17.
  81. ^ "2021 State of the Union Address by President von der Leyen". European Commission. 2021-09-15. Archived from the original on 2021-09-28. Retrieved 2021-10-02.
  82. ^ Lomas, Natasha (2021-09-15). "Europe plans a Chips Act to boost semiconductor sovereignty". TechCrunch. Archived from the original on 2022-01-30. Retrieved 2021-10-02.
  83. ^ Phartiyal, Sankalp (2021-12-15). "India outlines $10 bln plan to woo global chip makers". Reuters. Archived from the original on 2021-12-18. Retrieved 2021-12-18.
  84. ^ White, Monica J. (2021-08-19). "Nvidia CEO Expects Chip Shortage to Continue Throughout 2022". Digital Trends. Archived from the original on 2021-10-17. Retrieved 2021-10-17.
  85. ^ Leswing, Kif (2021-09-27). "AMD CEO Lisa Su says chip shortage likely to end next year". CNBC. Archived from the original on 2021-10-17. Retrieved 2021-10-17.
  86. ^ Alspach, Kyle (2021-10-11). "IBM CEO Arvind Krishna: Chip Shortage 'More Likely' Continuing Until 2023 Or 2024". CRN. Archived from the original on 2021-10-18. Retrieved 2021-10-17.
  87. ^ "Taiwan's TSMC says working to overcome global chip shortage". Reuters. Taipei. 2021-09-24. Archived from the original on 2021-10-17. Retrieved 2021-10-17.
  88. ^ "TSMC to invest $100 billion over 3 years to meet chip demand". Reuters. Taipei. 2021-04-01. Archived from the original on 2021-10-18. Retrieved 2021-10-17.
  89. ^ "Intel Announces Major Expansion in Arizona". Business Wire. Chandler, Arizona. 2021-03-24. Archived from the original on 2021-10-18. Retrieved 2021-10-17.
  90. ^ "TSMC Announces Intention to Build and Operate an Advanced Semiconductor Fab in the United States" (Press release). Taiwan Semiconductor Manufacturing Company Limited. 2020-05-15. Archived from the original on 2021-10-20. Retrieved 2021-10-17.
  91. ^ Nellis, Stephen (2021-06-02). "TSMC says has begun construction at its Arizona chip factory site". Reuters. San Francisco. Archived from the original on 2021-10-18. Retrieved 2021-10-17.
  92. ^ "iPhone chip-maker TSMC invests $40bn in Arizona plants". BBC News. 2022-12-06.
  93. ^ Scammell, Robert (2021-09-20). "General Motors CEO: Chip shortage has forced supply chain rethink". Verdict. Archived from the original on 2021-10-17. Retrieved 2021-10-17.
  94. ^ Clark, Don (2021-07-04). "The Tech Cold War's 'Most Complicated Machine' That's Out of China's Reach". The New York Times. ISSN 0362-4331. Retrieved 2022-11-09.
  95. ^ "Sony and TSMC attempt to address chip shortages with a factory in Japan". Engadget. November 9, 2021.
  96. ^ "TSMC, Sony to invest $7 bln for new Japanese chip plant". Reuters. November 10, 2021.
  97. ^ "TSMC is partnering with Sony on its new $7 billion chip factory in Japan". The Verge. November 10, 2021.
  98. ^ "Nissan boss warns no end in sight to global chip shortage". BBC News. 2021-11-29. Archived from the original on 2021-11-29. Retrieved 2021-11-29.
  99. ^ Evans, Jonathan (2022-07-14). "Chip Shortage Turns into Surplus". Voice of America. Retrieved 2022-07-17.
Retrieved from "https://en.wikipedia.org/w/index.php?title=2020–present_global_chip_shortage&oldid=1128823014"