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Thursday, May 16, 2024

Bill and Melinda Gates to divorce after 27 years of marriage

A global chip shortage has affected almost every kind of business from automakers to sex toy makers. The shortage came about late last year when automakers thought demand would dwindle due to the Covid-19 pandemic. But, they were wrong. And, other manufacturers took note of the automakers’ large semiconductor orders and decided to ramp up their own.

Home appliances, servers, sex toys and heavy equipment makers are dealing with the fallout over the shortage of chips, with companies that don’t usually use chips as their core business feeling the effects. The rise in demand in conjunction with the decrease in availability has increased prices and wait times for such goods, with businesses racing to acquire as many chips as they can.

Since the pandemic, forced lockdowns have seen an increase in demand for electronics, as people have taken to working from home and entertaining…

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