The harsh reality is that today, the authenticity of chips is often impossible to guarantee. The counterfeit chip market is sizeable and growing with a worldwide value estimated at $75B in 2019. Those counterfeits are believed to have been integrated into more than $169B of electronic devices. Recent confirmed incidents of counterfeit parts found in electronic systems include defibrillators, airport landing lights, intravenous (IV) drip machines, and braking systems for high speed trains. With electronic devices critical to nearly every aspect of modern life, the risk of counterfeits can range from an inconvenience to injury or loss of life.
Source: Combating Counterfeit Chips