TSMC has delivered further bad news on the semiconductor shortage, predicting supplies chain tightness won’t completely ease until 2023.
The world is experiencing a significant shortage of semiconductors, with multiple industries currently being impacted. Intel CEO Pat Gelsinger has warned the shortage could last a couple of years, and now TSMC has issued a similar assessment.
TSMC specializes in manufacturing semiconductors for partner companies, and is the premier chipmaker for Apple. The company also makes chips for Qualcomm, Alphabet, AMD, NVIDIA and Huawei, and will make the i3 for Intel.
According to Bloomberg, TSMC believes shortages will begin to ease for the auto industry next quarter, but the overall industry will continue to experience shortages throughout the rest of the year and into next.
“We see the demand continue to be high,” CEO C.C. Wei said. “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.”