Semiconductor: Supply chain crisis, war, making chip situation worse – The Economic Times

Semiconductor chips are ubiquitous and in short supply. Some nations have decided that they are a part of their national security and economic security. The current squeeze in chip supply has led to the proposed Chips for America Act, European Chips Act, China's subsidies for chip manufacture and India's recently announced incentive schemes for semiconductor manufacture. In addition to the supply squeeze, another prominent factor impacting the industry is geopolitics. Strained relations between countries could impact the supply of these goods which apart from being components of computers, electronics, and other consumer goods could also be components of military equipment….