The ten biggest chipmakers' consolidated quarterly revenue reached $22.75 billion in Q1 2021, following the growing importance of chips in cars and games consoles to washing machines and toothbrushes, further aggravated by the chip crisis that could last till 2023, CNBC reports based on TrendForce data. Higher pandemic-induced demand has led to a surge in wafer prices and product mix adjustment for-profit sustainability, TrendForce analyst stated.
Semiconductor Chip Crisis Continues to Stimulate Chipmakers' Revenue: CNBC