Summary: A worldwide shortage of semiconductor chips disrupted manufacturing across multiple industries, especially automotive and electronics.
Start: 2020-01-01 • Status: resolved
Timeline
- Jan 1, 2020 — Pandemic disruptions began affecting semiconductor supply chains. source
- Apr 29, 2021 — Automakers worldwide cut production due to chip shortages. source
- Aug 9, 2022 — The United States passed the CHIPS and Science Act to boost domestic production. source
- Jan 1, 2024 — Supply conditions improved as production capacity expanded. source