AMD CEO Lisa Su Thinks Chip Shortage Will End in the Second Half of 2022

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The global chip shortage should finally become less severe in the second half of 2022. This is according to AMD President and CEO Dr. Lisa Su, who spoke at the ongoing Code Conference in Beverly Hills and suggested that availability will improve during that time. While chip supply will likely remain “tight” over the first half of the year, Su is optimistic thanks to the arrival of new manufacturing plants, many of which are expected to go operational and start producing chips in the coming months.

“We’ve always gone through cycles of ups and downs, where demand has exceeded supply, or vice versa,” Su said in regard to supply chain issues. “This time, it’s different.”

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

Su also provided some comments during the event that shed light on AMD’s stance on crypto. Asked about how significant crypto is to the company, Su suggested that red team isn’t too focused on it, calling it a “pretty volatile space.”

“We are trying really hard to get more products to gamers; I get so many ‘Dear Lisa, can you help me get a gaming card?'” she noted. “At the end of the day we’re building for sort of consumer applications, and that’s where the focus is.”

Sources: CNBC, The Verge

Tsing Mui
News poster at The FPS Review.

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