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Global chip shortages will continue until 2023, TSMC says

Shortpedia

Content Team
Image Credit: bloomberg

The global chip shortages show no signs of abating. Taiwan Semiconductor Manufacturing Co. (TSMC), which accounts for most of world's semiconductor requirements, has stated that it doesn't see the supply shortages ease until 2023. TSMC has been running its chip foundries at maximum capacities, but global chip demand is extremely high. The company estimates that the situation will continue for the next two years.