Although President Biden recently signed a couple American acts aimed at increasing chip production, there are still a number of factors impacting pending chip shortages in the upcoming years.
A recent Fortune article highlights the difficulty of demand planning in the chip production industry – unpredictable processor demand cycles, uncertain requirements of newer industries like A.I., self-driving vehicles, IoT, and telecom, and inevitable factors like floods, fires, political, and military impacts – and positions this difficulty alongside the very real fact of how long it takes to build and start manufacturing facilities.
But, as the author states, the reality is that the cost of not doing anything will be much higher. The fact that new foundries are in the planning stages all over the globe will help address these immediate concerns as we head into the future.
Until then? The article says:
That means that any company that deals with semiconductors has to be ready for chip shortages to be the new norm. They can create a buffer through stockpiles or having multiple suppliers. They can monitor the supply chain, ideally in real-time, to forecast and plan for disruptions. And they can prepare management and engineering techniques to quickly adapt to changing circumstances.
This is where we come in – Chip Stock has a huge inventory of processors in stock. And if we don’t have them in stock, we can get them. As you prepare for future builds, it is imperative that you maintain a large list of contacts on which to lean to guarantee and continual source of product.
It only takes a few minutes for us to check stock and get back to you with pricing and availability. Please don’t hesitate to reach out or call us at (704) 672-5151.