Here's Why the Chip Shortage Could Last Longer Than You May Think

Unfortunately for those who want the current semiconductor shortage to end as soon as possible, ASML CEO Peter Wennink's comments seemed to indicate the current chip crunch could last quite awhile still. For the fourth quarter, ASML reported nearly 5 billion euros in revenue, up 17.2% over the prior-year quarter. Given that we are still in a huge chip shortage and companies across the world are scrambling to increase supply, and given that ASML has a monopoly on some on key technology, one might have thought revenue would have been higher.