The chip shortage will likely get worse before it gets better

Too much demand and only a handful of suppliers

One of tech’s biggest problems in the past few months has been due to one of its smallest components: chips. Months into the shortage, the effects have spread far beyond the difficulty of buying an Xbox Series X or PS5. Car companies are being hit the worst, and even home appliances might start to see issues with supply.

Source: The chip shortage will likely get worse before it gets better