Big Tech companies shift to making semiconductors in-house

Some of the largest tech companies have decided to respond to the semiconductor shortage by designing their chips internally. Tech analysts and business people have spoken about the semiconductor shortage and how the coronavirus pandemic has severely drained the resources required to make the chips and parts needed for everyday electronic devices.

In recent months, several markets have seen detrimental results across the board. For example, the automotive industry reported that U.S. manufacturers forecast producing 1.5 million to 5 million fewer cars in 2021. Apple anticipates that the shortage will delay iPhone production and leave a long-term impact on iPad and iMac sales.