Chip shortage further exacerbated by Russian invasion

February 28, 2022

The Russian invasion into Ukraine will further strain supplies of semiconductor chips in the United States during a period of global shortage, according to CNBC. They say both countries are “critical sources” of neon gas and palladium, which are used to produce the chips. Techcet President and CEO Lita Shon-Roy told CNBC “This will have an impact. It will continue to constrain the chip source going into the automotive industry.” (Source: CNBC)

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