Chip Execs Say There’s No Short-Term Fix for Supply Shortage
- Some industry executives see some improvement late in 2022
- New chip factories to meet demand are years in the future
A 300 millimetre silicon wafer at the Globalfoundries semiconductor plant in Dresden, Germany.
Photographer: Liesa Johannssen-Koppitz/BloombergThis article is for subscribers only.
For chip buyers ranging from computer gamers to automakers, there’s no near-term fix on the way for shortages that have caused higher prices and production delays, semiconductor executives said.
Nvidia Corp., which makes chips that are the basis of graphics cards selling for thousands of dollars more than their retail prices, sees some improvement in supply in the second half of the year, Chief Financial Officer Colette Kress said Wednesday at the J.P. Morgan Tech/Auto Forum.