AMD CEO says chip shortage could finally end next year — but there’s a catch

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AMD CEO says chip shortage could finally end next year — but there’s a catch

We could finally see the global chip shortage come to an end next year. That’s according to AMD CEO Lisa Su (via CNBC), who said that the situation will likely improve in the second half of 2022.

Su attended the Code Conference in California on Monday and spoke about how challenging it is for the chip makers to meet the demand for semiconductors having seen production hit by the COVID-19. “The pandemic has just taken demand to a new level,” she said. Nevertheless, manufacturers are hoping to make up for last year’s reduced supply as new fabrication plants open up, which will likely result in more chips being produced in the next several months.

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Su said that the chip industry has “always gone through cycles of ups and downs, where demand has exceeded supply,” though the AMD CEO also noted that “this time, it’s different.” Of course, Su doesn’t expect this change to happen instantly. 

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