Surging demand for AI creating shortage of high-powered chips

Much of the talk about the semiconductor shortages that plagued the globe during the pandemic may have subsided, but now a new chip shortage has emerged.

As more companies scramble to develop advanced generative artificial intelligence models or integrate them into their systems amid the popularity of new tools like OpenAI’s ChatGPT, demand for the high-powered graphics processing units (GPUs) needed to deploy them is