TSMC’s cutting edge chip production slowed by legacy chip shortages

A shortage of cheap chips is affecting production of cutting-edge chips, the CEO of TSMC has warned, with massive demand for the low-cost silicon consuming supply chains that could be used for more advanced chips, like Apple’s A-series and M-series.

Apple chip partner TSMC and other producers are encountering an issue in manufacturing, brought on by the global chip shortage. An inability for the industry to keep up with production of cheap chips has impacted other industries that have increased demand for the components, but now it’s causing a bottleneck.TSMC CEO C.C. Wei told a tech symposium that the persisting demand of cheap chips is holding up manufacturing in other key supply chain segments, reports Bloomberg.

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