Micron CEO warns the chip shortage is set to continue

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Regardless of the excellent news round graphics card costs, the PC market nonetheless faces vital headwinds. The fallout from the pandemic, Chinese factory shutdowns and excessive oil costs imply that the price of a PC stays larger than it must be, and if the phrases of Micron’s CEO Sanjay Mehrotra change into true, some PC elements may quickly price much more than they do now.

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Mehrotra was interviewed by Fox Business (through wccftech) stating that “There are elements of the chip scarcity that may proceed to enhance as we undergo calendar yr 2022 and a few elements of this may proceed into 2023 as properly. In fact, Micron continues to make the required investments to satisfy the demand progress that our prospects are bringing to us.”

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