Your assessment of the situation of this article: https://www.jpmorgan.com/insights/research/supply-chain-chip-shortage (Questions and Examples are below)

• Present the general context, and provide any needed background information about:
  • the company,
  • about the industry,
  • macro economical condition,
  • and global considerations,
• What actions were taken/ or not taken that finally determined the current situation?
• Example:
  • Explain the importance of Cobalt minerals for high-tech industry.
  • Outline the US tech companies' point of view.
  • Explain the local government, mining company, various stakeholders' perspective.
  • Bring up the legal and ethical considerations.