[ARM CEO: AI is expected to help humans overcome cancer. “Chip shortage” has become the number one bottleneck] On September 8, Rene Haas, CEO of Arm, a British chip design company, said that AI may be able to help humans overcome cancer in our lifetime. But before that, the entire industry first needs to solve a problem: how to produce enough chips to provide computing power for AI. Haas believes that the scale of AI's demand for chips and memory is unprecedented in the semiconductor industry. The cost of a wafer fab is tens of billions of dollars, and the construction period usually takes two to three years. He pointed out that the entire industry is in a state of "absolute supply constraint" and expects this tight supply situation to continue for some time.