The chip shortage will likely get worse before it gets better

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Author: Chaim Gartenberg

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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.

Earlier this year, companies expected to have supply chains sorted and products more consistently back on shelves by summer — but June is nearly over and there’s seemingly no end in sight. And with the upcoming slate of big tech releases and the holiday shopping season coming up, expect things to get worse before they get better.

“We had thought probably six or seven months ago, like everybody else, that it would be...

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