Chip ‘Gap’ Called by Microchip CEO ‘Likely Into 2022’

Demand for Microchip Technology products is outpacing “capacity improvements we were able to implement, resulting in lead times continuing to extend out,” CEO Ganesh Moorthy on a fiscal Q4 Thursday call for the quarter ended March 31. “In my 40 years in the semiconductor industry, I cannot recall a time where the imbalance between the supply and demand has been more acute.” Others say similar (see 2105060050).