Qualcomm Inc CEO Steve Mollenkopf stated he’s “seeing enchancment” in efforts to ease chip shortages which have prompted disruptions throughout a number of industries, and that demand for older chips is simpler to answer.
Demand has soared for chips in current months, with panic shopping for additional squeezing capability and driving up prices of even the most affordable elements of practically all microchips.
“There’s a capability for the market to reply extra shortly to among the older nodes than the newer nodes, so relying on the product, chances are you’ll be able to get some enchancment,” Mollenkopf stated, talking by way of videolink on the China Growth Discussion board in Beijing on Saturday.
Talking in the identical panel, president and CEO of Micron Know-how Inc Sanjay Mehrotra stated the chipmaker would goal to extend its provide according to the rising demand for the corporate’s merchandise.
