AMD CEO foresees end of chip shortages in second half of 2022

Posted on Tuesday, Sep 28 2021 @ 21:35 CEST by Thomas De Maesschalck
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In an interview with CNBC, AMD CEO Lisa Su predicted an easing of the chip shortages that are plaguing the electronics industry. She elaborated that plants that were planned last year will likely start churning out chips in the coming months, resulting in less severe shortages in the second half of 2022. The first half of 2022 is still expected to be "tight".
“We’ve always gone through cycles of ups and downs, where demand has exceeded supply, or vice versa,” Su said at the Code Conference in Beverly Hills, California. “This time, it’s different.”

The improvements will be gradual as more manufacturing capacity becomes available, Su said.

“It might take, you know, 18 to 24 months to put on a new plant, and in some cases even longer than that,” she said. “These investments were started perhaps a year ago.”

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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