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TSMC, the world’s leading pure-play foundry, announced it would spend $2.8 billion to expand its output of automotive components. Other top contract chipmakers have ramped up their output to alleviate the crisis.

Daimler is temporarily reducing the hours of up to 18,500 workers as a consequence of the global chip shortage. That said, recent statements by leading semiconductor providers indicate the crisis is nearing an inflection point.

The chip shortage has become a Suez Canal-like bottleneck for multiple industries. From automotive all the way to home appliances, its effect is felt far and wide. How long will it last? A few industry heavy weights chime in and give predictions.

The global chip shortage is causing DRAM spot prices to rise drastically, which is bound to have a real impact on one of the most common pieces of office and home equipment around: the printer.

South Korea is investing $176B into its domestic automotive chip industry in the hopes of offsetting the negative effects of the global chip shortage. At present, the nation imports 98 percent of the chips embedded in personal transports.

The Chinese Semiconductor Industry Association (CSIA) announced it will form a new, bilateral working group with its Washington-based counterpart, the Semiconductor Industry Association (SIA).

The global semiconductor shortage is causing manufacturers to get real creative these days. They are now bringing back older chip-making techniques to help offset the current component shortage.

Samsung is looking to build a $17 billion manufacturing facility in the U.S. The new factory will help shore up supply chain routes and prevent future disruptions like that currently felt throughout the industry.

SK Hynix is investing in extreme-ultraviolet lithography (EUV) machines to fabricate its 1a nm DRAM products. With recent reports from TrendForce about the rise in DRAM pricing, this will be good news to the industry.

As fallout from the pandemic and work-from-home realities continue to plague the industry, TrendForce predicts the next category to feel the crunch will be DRAM. Professional buyers should expect to see server DRAM prices rise as data center providers drive demand.