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

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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. "Weve 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. Since the Covid-19 pandemic started in 2020, PC sales have jumped as consumers across the globe bought new computers for their homes and so their kids could attend school remotely. But the demand for chips and PC parts has stayed high even as economies reopened, and shortages spread to other industries, including cars. Last year, AMD announced it planned to buy Xilinx in a deal worth $35 billion, but the company has not yet received all the approvals it needs to complete the acquisition.

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