CUIZ-FACT-E902BEC5
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Current Affairs
⏱️ Verified for 2026
The ongoing semiconductor chip shortage, a major global issue in 2022 impacting industries from automotive to consumer electronics, was primarily caused by:
Verified Answer
A sudden decrease in demand
Quiz Options
- A sudden decrease in demand
- Increased production capacity exceeding demand
- Pandemic-related production disruptions and increased demand for electronics
- A boycott by major chip manufacturers
Explanation & Context
The COVID-19 pandemic led to factory shutdowns and subsequent supply chain bottlenecks, while simultaneously boosting demand for electronics, creating a severe global semiconductor shortage.
Authoritative Sources & Citations
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