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After a turbocharged boom, are chipmakers in for a supersized bust?

An Intel employee holds a silicon wafer used to make chips at the company's complex in Chandler, Ariz., Nov. 17, 2021. Making millions of these tiny components means building, and spending, big for companies like Intel, a Silicon Valley titan. (Philip Cheung/The New York Times)Credit: New York Times / Redux / eyevineFor further information please contact eyevinetel: +44 (0) 20 8709 8709e-mail: info@eyevine.comwww.eyevine.com

In 2021 graphics cards were hot stuff. Video-game devotees and cryptocurrency miners queued overnight to get their hands on the latest high-end offering from Nvidia or amd, two American chipmakers. And graphics processors were far from the only sizzling semiconductors. An acute shortage of chips disrupted the production of everything from smartphones to cars and missiles, just as demand for all manner of silicon-bearing devices boomed. Last…


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