Impending Copper Shortage Threatens Global Semiconductor Industry

The global semiconductor industry faces a looming crisis as a PwC report predicts a significant copper shortage, with climate change-induced water shortages in major copper-producing countries like Chile threatening to disrupt supply chains. Copper, an essential material in semiconductor manufacturing, is becoming increasingly scarce, putting at risk approximately one third of the world's semiconductor production. This situation poses a direct challenge to major industry players such as Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM), emphasizing the critical need for the sector to explore sustainable resource management and alternative materials to mitigate the impact of climate change on global supply chains.