In a recent interview with CNBC, AMD’s CEO, Dr. Lisa Su, stated that she expects chip shortages to continue in the first half of 2022 however, she also states that the chip shortage will most likely come down in the second half of the same year.
As we know the semiconductor industry has been hit with one of the worst chip shortages ever during the COVID-19 pandemic. Things first started to get bad in late 2019 and are still yet to recover and have even got worse between 2020-2021. The industry has been trying to rebound from the shortages but everything has been unsuccessful so far.
AMD also had its fair share of ups and downs in terms of supply but Lisa Su acknowledges that it is different this time.
The global chip shortage will become less severe in the second half of 2022, AMD CEO Lisa Su said on Monday, though she warned that the first half of the year will be “likely 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.”
“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.”
“The pandemic has just taken demand to a new level,” Su said.
According to AMD’s CEO, the chip shortage is not limited to just CPUs and GPUs, and she expects it to continue in the first half of 2022 and we can expect recovery signs within the second half of 2022.
In other news, as we know, AMD’s CEO was also appointed by US President, Joe Biden, as a part of his council of Advisors on Science & Technology. The council also includes key figure executives from the tech industry including NVIDIA, Microsoft, and Google.