Memory chip CEO warns 2027 shortage will be so bad that ‘even money can’t buy goods’
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The CEO of Taiwanese memory maker Team Group says the global memory chip shortage is about to get worse, to the point where “even money can’t buy goods.”
Speaking on the company’s third-quarter earnings call on Nov. 2, CEO Gerry Chen (Chen Ching-wen) said the most severe stretch will run from now through the end of the second quarter of 2027, according to a BigGo Finance report. He sees “no downward price trend whatsoever” next year and doesn’t expect supply and demand to balance until the se
Speaking on the company’s third-quarter earnings call on Nov. 2, CEO Gerry Chen (Chen Ching-wen) said the most severe stretch will run from now through the end of the second quarter of 2027, according to a BigGo Finance report. He sees “no downward price trend whatsoever” next year and doesn’t expect supply and demand to balance until the se
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