# The Real AI Chip Shortage Is in the Step Nobody Talks About

- slug: the-real-ai-chip-shortage-is-in-the-step-nobody-talks-about
- date: 2026-04-22
- category: Space & Aerospace

Nvidia has reserved most of TSMC’s advanced chip-packaging capacity. The companies that can’t get in line — AMD, Google, Amazon, Meta — are building on a supply chain of exactly five companies, and the physics of the process isn’t improving on a roadmap.

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