> ## Content Index
> Fetch the complete content index at: https://fsc.stevens.edu/llms.txt
> Use this file to discover other available public pages before exploring further.

# These 5 Charts Help Demystify the Global Chip Shortage ...And reveal why even infusions of cash from the U.S. and European Union won’t solve it
- URL: https://fsc.stevens.edu/these-5-charts-help-demystify-the-global-chip-shortage-and-reveal-why-even-infusions-of-cash-from-the-u-s-and-european-union-wont-solve-it/
- Published: 2022-02-14T22:56:17.000Z
- Updated: 2026-05-16T22:39:30.000Z
- Author: HFSL Admin
- Tags: #Import 2024-05-30 10:26, #Import 2025-11-08 22:14

From PlayStations to Porsches, many consumer products have been hit by a chip shortage that began choking the global economy in 2020, and continues today. “We aren’t even close to being out of the woods,” U.S. Commerce Secretary Gina Raimondo [tweeted](https://twitter.com/SecRaimondo/status/1486087135270772747??ref=fsc.stevens.edu) last month. “The semiconductor supply chain is very fragile, and it’s going to remain that way until we can increase chip production.” Congress is poised to fund a $52 billion silicon incentive package, as part of the “[America COMPETES” Act](https://www.npr.org/2022/02/04/1078226282/u-s-house-passes-china-competition-bill?ref=fsc.stevens.edu), aiming to increase U.S. semiconductor manufacturing—while the E.U. last week outlined their own [€43 billion chip shortage-ameliorating package](https://www.theverge.com/2022/2/9/22925010/eu-chips-act-plan-43-billion-funding-shortage-supply-chain?ref=fsc.stevens.edu).

[Read the full story.](https://spectrum.ieee.org/global-chip-shortage-charts?ref=fsc.stevens.edu)