Term · Business & Market
Chip shortage
A period in which demand for semiconductors outruns available capacity, extending lead times, triggering allocation and halting downstream production. Shortages are usually concentrated in specific mature nodes and packages, not uniform.
- Also known as
- Semiconductor shortage, Supply crunch
- Type
- Term
- Domain
- Business & Market, Supply chain
Notes
The 2020 to 2022 shortage idled car plants worldwide and made semiconductor supply a matter of industrial policy.
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