Chip manufacturer TSMC warns shortages could continue through 2022

Chip manufacturer TSMC warns shortages could continue through 2022


Photo by SAM YEH/AFP via Getty Images

TSMC, which makes processors for Apple, Qualcomm, AMD, and numerous other big consumer tech companies, has warned that chip shortages could last through 2022. “We see the demand continue to be high,” TSMC CEO C. C. Wei said in comments reported by Bloomberg, “In 2023, I hope we can offer more capacity to support our customers. At that time, we’ll start to see the supply chain tightness release a little bit.”

Wei’s comments mirror predictions made by Intel’s new CEO Pat Gelsinger earlier this week, who warned that it could take a few years to address the shortage, The Washington Post reported. “It just takes a couple of years to build capacity,” Gelsinger said. Likewise, Nvidia’s CFO Colette Kress recently said the graphics card…

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