[jrno639]

"Massive chip crisis" doesn't even begin to describe it. This would be a catastrophe worse than the great depression, on a globl scale. Every single electronic item would be rationed. Consumer appliance purchases would barely exist. You would be using the same phone/laptop/etc. for 10 years.

[cubefox]

10 years seems a bit pessimistic. Building a new fab takes about five years I believe.

[maximilianburke]

Yeah but think of how long it will take for the ripples to settle, if it ever could in our lifetime. We're still dealing with supply shocks from the initial panic around COVID and no fab capacity was actually lost then.