The world’s most important chip maker expects revenue to climb 20% this year. But the incredible cost of meeting outsize demand is starting to eat away at the bottom line.
Browsing: TSMC
Apple has asked suppliers to build as many as 90 million next-generation iPhones this year, a sharp increase from its 2020 iPhone shipments, according to people with knowledge of the matter.
Intel CEO Pat Gelsinger has predicted the shortage of semiconductors that’s hurting industries from automotive to consumer electronics will bottom out in the second half of this year.
Car makers slashed production. PlayStations got harder to find in stores. Broadband providers faced months-long delays for Internet routers. The reason? An abrupt and cascading shortage of semiconductors.
Intel’s CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved.
Taiwan has suffered a sudden reversal of fortunes. The pandemic comes just as a drought triggers power outages, stoking economic uncertainty and threatening the world’s chip supply.
Taiwan’s exports beat estimates as surging sales of semiconductors and other electronic components propelled overseas shipments to its fastest growth in more than a decade.
Taiwan Semiconductor Manufacturing Co expects to be able to catch up with the “minimum requirement” of customer demand for car chips by the end of June, its chairman said.
Just three months after Taiwan’s TSMC shocked investors with a record spending plan, the world’s most important chip maker doubled down with an even bigger budget.
On the surface, Intel’s strategic pivot comes at an ideal moment. But despite its bold vision, the company is set to face challenges to its grand turnaround plan that will prove extremely difficult to overcome.