The rise in demand for Artificial Intelligence (AI) could potentially lead to a global chip shortage, similar to the current one caused by the COVID-19 pandemic, according to recent research. This crisis may occur due to a surge in demand for semiconductors, which are essential components of AI technologies.
Microchips, also known as semiconductors, are used in numerous applications such as computers, smartphones, cars, and numerous other electronic devices. Artificial Intelligence systems, which require high processing power, extensively rely on these chips.
Increasing dependence on AI in various sectors, including healthcare, finance, transportation, and more, will significantly increase the demand for semiconductors. This means that manufacturers may struggle to meet the demand, resulting in chip shortages and potentially hampering the growth and development of AI technologies.
To mitigate the impact of potential shortages, strategic planning and investing in semiconductor manufacturing capacity will be key steps for industry leaders. It also underlines the importance of advancing and diversifying chip production capabilities to reduce the risks associated with overreliance on a single region or supplier.
This research highlights the importance of sustaining chip production with the growing demand for AI, turning it into a critical issue for companies in the tech industry and related sectors.
