AMD CEO Lisa Su says chip shortage likely to end next year

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Lisa Su, CEO, AMDScott Mlyn | CNBCThe global chip shortage will become less severe in the second half of 2022, AMD CEO Lisa Su said on Monday, though she warned that the first half of the year will be "likely tight."Chipmakers are still catching up to demand following severe supply chain bottlenecks created by the pandemic. But manufacturing plants that were planned last year will likely start producing chips in the coming months, helping to alleviate shortages for PC parts and other microchips, Su said."We've always gone through cycles of ups and downs, where demand has exceeded supply, or vice versa," Su said at the Code Conference in Beverly Hills, California. "This time, it's different."The improvements will be gradual as more manufacturing capacity becomes available, Su said."It might take, you know, 18 to 24 months to put on a new plant, and in some cases even longer than that," she said. "These investments were started perhaps a year ago." AMD primarily sells processors
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