Unfortunately, that idea will have to be consigned to the land of rainbows, pixie dust, and affordable housing in major cities, because while the situation may ease, that doesn't mean it will stop growing.
For Gartner senior analyst Ben Lee, the relief slated to arrive in the middle of 2022 is not a lowering of absolute prices, but a slowing in the rate of growth.
The semiconductor chip shortage that is hamstringing the production of products ranging from cars and computers to appliances and toothbrushes will extend into 2022 and potentially beyond that, according to Matt Murphy, CEO of Marvell Technology.
“We’ve always gone through cycles of ups and downs, where demand has exceeded supply or vice versa,” AMD CEO Lisa Su said at the recent Code Conference in Beverly Hills. “This time, it’s different.”
Su said that while she expects the first half of 2022 to be “likely tight,” the second half will be less severe as manufacturing capacity opens.