by Tyler Durden
Thursday, Apr 15, 2021 - 12:35 PM
Chip giant Taiwan Semiconductor Manufacturing Co. is now warning that the global chip shortage may extend into next year, following comments we had reported on in early April suggesting that prices would rise for the rest of 2021.
TSMC didn't rule out the possibility of "overbooking or an inventory correction", Bloomberg reported, but the chip giant said on its most recent conference call that
“the shortage will continue throughout this year and may be extended into 2022 also.”
Recall, in early April we noted that semi chip prices were expected to rise through all of 2021. This month alone, suppliers like Japan’s top silicone producer, Shin-Etsu Chemical Co. Ltd. marked up prices between 10% and 20%, according to Caixin, who reported that growing input costs and supply disruptions could be tide that continues to push up prices.