Chip Shortage Explained
The pandemic triggered a dramatic drop in vehicle sales, leading automakers to cancel chip orders just as consumer demand for electronics surged. As the world began to reopen, the auto industry found itself scrambling for chips, competing against other sectors that had secured production capacity. Additionally, geopolitical tensions prompted Chinese companies to stockpile chips, further straining supply chains.In this clip
From this podcast
Decoder with Nilay Patel
Everything you need to know about the global chip shortage
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