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Chip crunch pressures oil and gas sector

World 1 source 1 country 🔦 Under-reported 46m ago

The oil and gas industry is facing supply challenges due to a rapid increase in demand for advanced semiconductors from data centres and artificial intelligence (AI) applications, according to Preechai Trannitad, managing director of Yokogawa (Thailand).

This surge in semiconductor demand has affected the delivery of critical industrial systems required by the energy sector, highlighting growing competition for chip manufacturing resources across different technology-dependent industries.

In-depth summary · AI, neutral
Read the full story at the source Bangkok Post · TH ↗
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