Micron CEO Mehrotra: Global Chip Shortages Are Easing

The video discusses the impact of COVID-19 on the semiconductor industry, highlighting increased demand for components like memory and storage. It emphasizes the importance of a diversified supply chain to mitigate disruptions and improve efficiency. Despite ongoing shortages, the industry is making investments to maximize production and expects gradual improvements in 2022. The video also underscores the significance of technological advancements and a global manufacturing footprint in meeting demand.

What has been a significant factor driving the increased demand for semiconductor components during the pandemic?

• Reduction in global trade

• Decrease in online activities

• Work-from-home and e-commerce trends

• Increased travel

How has the semiconductor industry responded to the ongoing shortages?

• By focusing solely on automotive components

• By reducing production

• By halting investments

• By maximizing production within existing capacity

What is the expected trend for semiconductor shortages in 2022?

• They will completely resolve

• They will remain unchanged

• They will gradually improve

• They will worsen significantly

Why is a diversified supply chain footprint important, as highlighted by the pandemic?

• It increases dependency on a single market

• It reduces the need for technology

• It allows for more centralized operations

• It helps mitigate production impacts in specific regions

Which countries are part of Micron's diversified manufacturing footprint?

• Only the US and China

• Singapore, Taiwan, Japan, and the US

• Only Japan and Malaysia

• Only Taiwan and Singapore