{"id":545363,"date":"2022-03-23T13:50:03","date_gmt":"2022-03-23T13:50:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/23\/chip-shortage-looks-like-its-staying-with-us-a-while-longer-crypto-com-to-back-fifa-world-cup\/"},"modified":"2022-03-23T13:50:03","modified_gmt":"2022-03-23T13:50:03","slug":"chip-shortage-looks-like-its-staying-with-us-a-while-longer-crypto-com-to-back-fifa-world-cup","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/23\/chip-shortage-looks-like-its-staying-with-us-a-while-longer-crypto-com-to-back-fifa-world-cup\/","title":{"rendered":"Chip shortage looks like it\u2019s staying with us a while longer + Crypto.com to back Fifa World Cup"},"content":{"rendered":"

<\/a> And the chip shortage lives on: <\/strong>Chipmakers\u2019 expansion plans to meet the growing demand and fill the gap between supply and demand will reportedly be constrained thanks to a shortage of critical equipment. \u201cNext year and the year after there will be shortages \u2026 We\u2019re going to ship more machines this year than last year and . . . more machines next year than this year. But it will not be enough if we look at the demand curve. We really need to step up our capacity significantly more than 50%. That will take time,\u201d Peter Wennink, chief executive of the semiconductor company ASML told the Financial Times<\/a>. The global chip shortage has been wreaking havoc on the automotive industry worldwide. Major global automakers have been forced to lower production<\/a> or announce additional factory downtime at their production facilities, including Toyota<\/a>and Volkswagen<\/a>, who cut their global output by 40%.<\/p>\n

Crypto.com becomes the first cryptocurrency platform to sponsor a Fifa World <\/strong>Cup:<\/strong> Singapore-based cryptocurrency platform Crypto.com will be an official sponsor of the Fifa World Cup Qatar 2022, Fifa announced in a statement<\/a>, joining giant sponsors like Adidas, Coca Cola and Visa. The sponsorship marks the platform\u2019s latest marketing push to bring the industry into the mainstream, particularly through the world of sports, Bloomberg<\/a> writes. The move follows its USD 700 mn naming rights agreement with the Los Angeles iconic arena formerly known as Staples Center \u2014 and now known as the Crypto.com Center. \u201cThrough our partnership with Fifa, we will continue to use our platform in innovative ways so that Crypto.com can power the future of world-class sports and fan experiences around the world,\u201d Co-founder and CEO Kris Marszalek said in the statement. It is worth noting that Crypto.com is a major sponsor of the UFC.<\/p>\n","protected":false},"excerpt":{"rendered":"

And the chip shortage lives on: Chipmakers\u2019 expansion plans to meet the growing demand and fill the gap between supply and demand will reportedly be constrained thanks to a shortage of critical equipment. \u201cNext year and the year after there will be shortages \u2026 We\u2019re going to ship more machines this year than last year […]<\/p>\n","protected":false},"author":1,"featured_media":545364,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[9676,653,9675,344,633,638,645,162,500],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-545363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-asml","tag-chip-shortage","tag-crypto-com","tag-cryptocurrency","tag-enterprisepm","tag-for-your-commute","tag-semiconductors","tag-sports","tag-world-cup","wpautop","entry"],"acf":{"mongo_id":"441525f3-d01d-498d-8cb0-89122eaa1c0f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/548.jpg","photo_position":"above","related_issue":[545359],"teaser":"","voice_url":""},"yoast_head":"\nChip shortage looks like it\u2019s staying with us a while longer + Crypto.com to back Fifa World Cup - 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The global chip shortage \u2014 one of the biggest legacy pains of the covid-era \u2014 may be subsiding, as a number of major manufacturers, including Intel and Nvidia are warning of \u201crockier months ahead,\u201d with inflation being cited as a major contributor to\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/349.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545211,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/","url_meta":{"origin":545363,"position":1},"title":"Taiwan rushes to set up chip schools amid global shortage + Getting a degree abroad gives African founders an edge","author":"enterpriseam admin","date":"13 March 2022","format":false,"excerpt":"Is getting a degree abroad giving African startup founders an edge with securing investments? That\u2019s what a recent analysis by The BigDeal, a newsletter covering African startup investments, suggests. The analysis found that Africa-educated CEOs raised less \u2014 both in number of funding rounds (44%) and in amount (28%) \u2014\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/477.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554981,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/samsung-is-going-long-on-the-chip-manufacturing-race-pentagon-goes-after-aliens\/","url_meta":{"origin":545363,"position":2},"title":"Samsung is going long on the chip manufacturing race + Pentagon goes after aliens","author":"enterpriseam admin","date":"25 November 2021","format":false,"excerpt":"The US just got a (long-term) leg up in the race for chip manufacturing: Samsung is building a USD 17 bn chip plant in Texas as the tech group responds to the US\u2019 push to increase local semiconductor manufacturing amid the global chip shortage. 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