Chip Makers Scramble to Keep Up With Soaring Demand

The video discusses the global semiconductor shortage caused by the COVID-19 pandemic, which disrupted supply and demand dynamics. As industries like automakers cut back on orders, chipmakers redirected supplies to phone and computer manufacturers. When the economy reopened, demand surged, leading to a significant shortage. Companies like Micron, Intel, and TSMC are investing billions to increase production capacity, but experts predict that meeting future demand will remain challenging. The video highlights the competitive nature of the industry and the global race to expand chip production.

What was a primary reason for the semiconductor shortage during the pandemic?

• Increased demand for home appliances

• Natural disasters affecting production

• Closure of semiconductor factories

• Redirection of chips to phone and computer manufacturers

Which company is planning to spend $12 billion on new plants and equipment?

• TSMC

• Samsung

• Micron

• Intel

What is the main goal of the significant investments by chipmakers?

• To reduce production costs

• To increase production capacity

• To diversify product lines

• To enter new markets

Despite the investments, what concern do executives have about the semiconductor industry?

• Lack of skilled workforce

• Environmental impact of new plants

• Inability to meet future demand

• Overproduction leading to waste

What is the expected time frame for the semiconductor industry to catch up with demand?

• 6-7 years

• 4-5 years

• 2-3 years

• 1-2 years