Mark Papermaster, AMD’s Chief Technology Officer, is one of the most respected figures in the semiconductor industry. Being responsible for the company’s recent successes in the CPU market, he has played a key role in the Ryzen CPUs after the Bulldozer CPU disaster. In a recent interview with BusinessLine, he spoke about the industry and AMD’s situation, especially in light of the current chip shortage.
In our markets, we will see a decline in supply in the second half of 2022 to 2023. That is when we will expect normal supply and demand.
Papermaster forecasts that supply chains will begin to ease in the second half of 2022 and normalcy will return to the semiconductor industry by 2023. That’s more than a year into the future, and would be a total of three years of chip shortages.
“We are forecasting 65% revenue growth in 2021 compared to 2020, and we can only achieve that growth because of the outstanding work of our supply chain,” Papermaster said.
AMD is experiencing excellent revenue growth, which is expected to reach 65% (year-over-year) by 2022.
According to Papermaster, the chipmaker’s close relationships with manufacturers and suppliers have led it to stock more and even thrive, unlike its archrival Intel, which experienced some stagnation in 2021.
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