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AI Surge Could Cause a Worldwide Chip Shortage

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According to a recent report, there could be a potential global chip shortage as suppliers may find it difficult to keep up with the rapidly increasing demand for AI-related goods and services. Up until 2027, AI workloads could increase by 25% to 35% yearly, predicts consulting firm Bain and Company. Still, there’s a good chance that a mere 20% increase in demand will upset the balance and cause…

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