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Car, phonemakers may have to wait longer for chips, thanks to bitcoin

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Surajeet Das Gupta New Delhi
The growing popularity of bitcoin across the world is spurring demand in an unexpected industry — semiconductors.  In response, global chipmakers are re-purposing their plants to make chips which can power the high processing speeds required by bitcoin servers. They are also moving to smaller but more powerful nanometer chips which fetch a higher price tag.
 
The result is that other industries such as car makers and telecom device manufacturers face a shortage that is likely to be prolonged, both across the globe and in India.
 
Estimates by Applied Materials, the leading manufacturer of equipment for chipmakers, indicate