Rivals Nvidia and Intel Might Join Forces To End Chip Shortage

Ancient Greek philosopher Plato once said, “The greatest wealth is to live content with little.”

But economics doesn’t typically work like that. In the words of renowned British economist Charles Robbins, “Humans want what they can’t have.”

Abundance and Scarcity are two sides of the same coin. Societies typically deal with scarcity by increasing supply.

And if there’s one thing that’s dominated news headlines when it comes to scarcity its chips or semiconductors.

Makers of semiconductors or chip manufacturers have been grappling with the impact of global supply chain shortages that have led to a dearth of chips that are used in everything from cars to home appliances for nearly two years.

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