A computer chip is a critical component composed of micro-sized transistors that act as tiny switches, controlling the flow of electrons. Despite their small size (no larger than a human fingernail), these chips play a crucial role in various industries, including appliances, airplanes, machine tools, healthcare equipment, transportation, smartphones, and electronic payment systems. Due to the combined demand from multiple industries and the disruptions caused by the COVID19 pandemic, there is a global shortage of computer chips. Factors contributing to this shortage include limited worldwide factory capacity, trade wars, hoarding, production shutdowns, shipping and seaport bottlenecks, and other supply chain issues. Building new chip factories to increase production capacity takes several years, and even after completion, it takes additional months to ramp up production. Additionally, lead times for new chip orders range from six months to a year