russia ukraine war crisis semiconductore shortage worsen chip manufacture moodys moody's analytics

The ongoing Russia-Ukraine military conflict and the geopolitical and economic uncertainties are likely to further worsen the global semi-conductor shortage, Moody's Analytics said in a report on Friday.COVID-19 pandemic has caused shipping costs to skyrocket over 300 percent and will continue to be high due to the scarcity of new containers.According to Moody's Analytics analysis, Palladium and neon are two resources that are key to the production of semiconductor chips, and given that Russia supplies over 40 percent of…