Most chipmakers believe the ongoing Russia-Ukraine conflict won’t worsen the global shortage of chips that’s been plaguing the tech and auto industries. The supply chain has been showing some signs of recovery as of late, but industry leaders still are, at best, cautiously optimistic about the entire situation.
The chip industry is scrambling to diversify its supply of materials and gases and pouring billions of dollars into building additional manufacturing facilities and equipping them with cutting-edge lithography equipment. Still, these efforts take years to materialize and have a measurable effect, so experts are increasingly unsure the industry will be able to catch up with demand this year, or even in 2023.
