The global chip shortage looks to be getting worse

Taiwan Semiconductor says the auto chip shortage will be done by the end of the third quarter

Taiwan Semiconductor Manufacturing (TSM), the globes biggest independent chip foundry, said last week that it expects the chip shortage that has left automakers scrambling for silicon and cutting back production will be over by the end of the third quarter. Whether that’s good news or not depends on how much weight you give to this company’s projections.