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STMicro CEO expects chip shortage won’t end before “first half of 2023” - www.nme.com
nme.com
02.08.2021

STMicro CEO expects chip shortage won’t end before “first half of 2023”

Reuters, Jean-Marc Chery – CEO and President of STMicro – has shared that he thinks global chip shortages won’t end any time soon.Though he expects “things will improve in 2022 gradually”, things won’t go entirely back to normal “before the first half of 2023.”Chery explains that unlike previous demand for computers, the current situation is fueled by “massive orders for components”, which is exacerbated by scalpers and cryptocurrency miners – the latter of which bought up around 700,000

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