Surging AI demand could cause the world’s next chip shortage, research says

Certainly, let’s unpack this information.

Due to the increasing demand for artificial intelligence (AI) applications across various sectors, there are concerns that a global shortage of semiconductors or microchips could occur. According to research, AI-driven technologies like machine learning and data analytics require high-performance chips. When demand for these chips exceeds supply, it could result in a chip shortage.

The factors that could contribute to the shortage include:
1. Accelerated digitalization: The COVID-19 pandemic has