For a number of years now, the computer chip industry has been facing a debilitating shortage of the essential components. This has resulted in major closures and layoffs in the industry, as well as a shortage of computer chips available to consumers.

The shortage is the result of a number of factors. Firstly, demand for computer chips has been increasing at a rate that outstrips supply. Secondly, many of the leading chip manufacturers have been investing in new, more complex chip designs, which have taken longer to develop and produce. Finally, there has been a consolidation of the chip manufacturing …