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 caused the abrupt shortage of semiconductors during the pandemic?

How did the stay-at-home shift impact supply and demand for semiconductors?

What actions are chipmakers taking to address the shortage?

What are the projected investments by major companies like Micron and Intel in semiconductor production?

What challenges do executives foresee in meeting the growing demand for semiconductors?