Chip Crisis Reaches ‘Danger Zone’ on Record Wait Times

The video discusses the complexities of the global chip shortage, highlighting its impact on various industries, particularly smaller customers and automakers. It covers efforts by the US and European Commission to boost local chip manufacturing and diversify supply chains. The discussion also touches on the high costs of building new factories and the ongoing demand for chips driven by advancements in technology like 5G and electric vehicles. The video concludes with an outlook on the potential duration of the shortage and its implications for inflation.

What factors contribute to the complexity of the chip shortage situation?

How are smaller customers affected by the chip shortage compared to larger customers?

What steps are being taken by the US and Europe to address the chip shortage?

What challenges do manufacturers face in increasing chip production?

In what ways is the demand for chips expected to change in the coming years?