Autos

Global chip shortage could last until 2023

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The Infineon logo can be seen on a chip on the board of a microcontroller kit at the Infineon Annual General Meeting in the Congress Center of the Munich Exhibition Center. Infineon is seen as one of Europe’s key technology firms in the semiconductor space.

Matthias Balk | picture alliance | Getty Images

Semiconductors will be in short supply for some time to come yet, according to analysts that monitor the industry.

Today, chips are in everything from PlayStation 5s and toothbrushes to washing machines and alarm clocks. But there’s not enough to go around — it’s a multifaceted issue that shows no signs of abating, leading some to call the current crisis “chipageddon.”

Glenn O’Donnell, a…



Source cnbc.com

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