In the mist of the ongoing chip shortage, many chip manufacturers like TSMC have decided to increase semiconductor quotes. Besides, wafer buyers are looking at long-term deals and non-cancellable orders in exchange for secured wafer capacity. As wafer foundries now pose more bargaining power, would they bring unforeseeable risks or opportunities to the industry? To further understand chip shortage, ijiwei Talk spoke to Julia Hess, project manager of Technology and Geopolitics at SNV.