SSNLF - Does the semiconducter shortage need another Operation Warp Speed?

General Motors (GM) became the latest automaker yesterday to warn about a chip shortage, saying the semiconductor crunch could cut its earnings by $1.5B-$2B in 2021. It's not alone. Many companies across multiple industries have been flagging the problem in recent months, such as AMD (AMD) and Qualcomm (QCOM), which sell chips to most of the top electronics firms, or Sony (SNE), which blamed the shortage for why it's so hard to get a PS5.What's going on? The COVID-19 pandemic triggered a surge in demand for PCs and other electronics as remote work and online learning became the new normal. Demand still remains at highs. In December, the Semiconductor Industry Association said global chip sales would grow 8.4% in 2021 from 2020's total of $433B (up from 5.1% growth between 2019 and 2020). Other reasons include shifting semiconductor models that have created a bottleneck among outsourced chip factories, as well

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Does the semiconducter shortage need another Operation Warp Speed?