But still enough to impact second quarter
By Ross Wilkers
Jul 28, 2021
The world does not have enough computer chips to go around for reasons far too long to list and complex to run through here. But one reason is because more of everything in the world runs on computer chips.
During General Dynamics’ second quarter earnings call Wednesday, CEO Phebe Novakovic told investors the company is working through a chip shortage of its own with respect to the IT hardware and software business.
(For context: this the first mention I have heard on a publicly-traded government technology company s earnings call about the global chip supply crunch since it started to become a very big deal. This episode of Project 38 from June delves into that topic and what it means for federal agencies and industry.)
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