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A chip is a small piece of silicon that contains circuitry that allows it to perform a specific function. Chips are used in everything from phones and computers to cars and medical devices. But growing demand and a worldwide chip shortage in 2022 have slowed growth in many industries. We\\u2019ll take a closer look at the Chip shortage, how it impacts you, and what is being done to stop it, coming up on Economic Outlook.
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