Chip boom loses steam on slowing PC sales, crypto rout


A potential silver lining for those customers who are still in shopping mode is that wait times for some semiconductors are starting to ease after swelling during the two-year-long chip drought. — Pc repair photo created by jcomp - www.freepik.com

The pandemic-era boom in semiconductors that spurred a global shortage is showing its first signs of weakness, driven by a slump in personal-computer sales and a rout in cryptocurrency markets.

The frenzy to buy laptops and other gadgets early in the Covid-19 pandemic has vanished as inflation dissuades people from upgrading machines that they bought in the past couple of years amid the shift toward remote work and learning.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Computer , PC

   

Next In Tech News

Nvidia shows AI model that can modify voices, generate novel sounds
Analysis-Lilium's fall throws spotlight on air-taxi cash crunch
AI analytics firm Pyramid Analytics secures $50 million from BlackRock
Google's US antitrust trial over online ad empire draws to a close
Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine
US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips
Social media sites call for Australia to delay its ban on children younger than 16
Study: New coating can make China’s stealth aircraft invisible to anti-stealth radar
Apple chief returns to China as Beijing prepares to fete CEOs
Meet the San Francisco billionaire who paid US$6.2mil for a single banana

Others Also Read