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Chip Shortages Likely To Linger Through 2022

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Artist's representation of a semiconductor chip.

Gartner vice president for Semiconductors and Electronics Gaurav Gupta said, Right now were in the moderate shortage zone. We expect to be in the normal zone between the second and third quarter of next year.

Credit: TechNewsWorld

A technology executive raised eyebrows last week when he predicted the shortage in semiconductor chips could last into 2023.

"Right now, every single end market for semiconductors is up simultaneously," Marvell CEO Matt Murphy said at a CNBC Technology Executive Council event Thursday.

"I've been in this industry 27 years, I've never seen that happen," he continued. "If it stays business as usual, and everything's up and to the right, this is going to be a very painful period, including in 2022 for the duration of the year."

Murphy's prediction, though, is more pessimistic that others watching the chip market.

From TechNewsWorld
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