Chip manufacturers’ revenues are reaching a historical high as global shortage continues

Photo By: Getty Images

The original article can be found here.

  • With electronics manufacturers around the world scrambling to secure components in the midst of a global shortage of semiconductors, chip factories are working at full speed;
  • The combined revenue of the top ten foundries has reached a record-high of $22.75 billion in the first quarter of 2021;
  • The sales of semiconductors used in PCs, for example, jumped by more than 17% compared to 2019;
  • As the shortage continues and wafer prices spike, businesses are also likely to prioritize certain products.