Cisco CEO Expects Global Chip Shortage to Continue Through Rest of 2021

Published Apr 27 2021 at 2:05 PM GMT
  • Amid the global microchip shortage, the chief of Cisco " a company responsible for handling 85 percent of all Internet traffic " has said that he expects the industry to be affected for the rest of the year.
  • We think we've got another six months to get through the short term," Cisco's CEO Chuck Robbins told the BBC.
  • "The providers are building out more capacity.
  • And that'll get better and better over the next 12 to 18 months.
  • He added that "Right now, it is a big problem because semiconductors go in virtually everything," including being used in technologies such as artificial intelligence, cloud computing, and 5G.



  • Published Apr 27, 2021 2:05 PM GMT