Chips demand: Metaverse boom? Not so soon
Can the much-hyped metaverse, an interactive and collaborative virtual world that tech giants including Meta, Microsoft, NVIDIA and AMD have been talking excitingly about, provide a new stimulus for the semiconductor industry in 2022?
Morningstar’s prediction, according to its report entitled “For Asian Foundries, Chip Shortage May Turn Into a Glut in 2024”, is that metaverse-related concepts will not materialize within the next 5-10 years.
Also, the potential benefit that the metaverse can bring to semiconductor companies is huge but uneven, with large-scale manufacturers that have the capacity to produce chips at advanced facilities set to benefit most, the report noted.
Though incremental demand from key drivers like automotive applications and the Internet of Things will bring additional chip demand, that will use up only about 40 percent of new foundry capacity up to 2025.
When the pipeline capacity comes into full operation, Morningstar believes the current chip shortage will flip into a glut in 2024.
-- Contact us at [email protected]
-
HK people in UK fear new immigration rules Mark O'Neill
Hong Kong migrants to Britain have launched a nationwide lobbying campaign to protect their future after the government published proposals to narrow their path to citizenship. Since 2021, 160,000
-
Does Age Matter in Politics? Michael Chugani
Getting old can be depressing. Some people try to hide it with plastic surgery or cosmetics. Others accept that old age is a fact of life. It is true that some age faster than others, either
-
Should HK limit overtourism? Michael Chugani
Driving south from Seattle in the US west coast state of Washington to the neighboring state of Oregon offers a spectacular view of the Pacific Ocean. My family and I did that most summers when I
-
Hongkongers face uncertain future after Farage promise Mark O'Neill
The more than 160,000 Hong Kong people who have emigrated to the UK with a BNO passport face an uncertain future after a dramatic news conference by Nigel Farage, leader of the Reform UK party. On
-
Number of HK migrants to Britain falls Mark O'Neill
The number of Hong Kong BNO migrants to Britain has fallen this year, a result of uncertainty over when they will obtain full citizenship and the difficulties of finding good employment. Latest