chip supply

The term **'chip supply'** refers to the availability and distribution of semiconductor chips—small electronic components that power devices such as computers, smartphones, vehicles, and industrial machinery. It encompasses the production capacity, inventory levels, and logistics involved in delivering these chips from manufacturers to end users or companies that integrate them into products. The phrase is often used in contexts such as global supply chain management, where disruptions or shortages in chip supply can significantly impact industries that rely on electronic components.