Logitech CEO Warns AI-Driven Chip Shortage to Persist Through 2027

Logitech CEO Hanneke Faber said she expects the AI-driven chip shortage to persist for another 12 to 18 months, requiring months of travel to suppliers in Asia and Switzerland to secure scarce components used across its keyboards, mice and gaming hardware. "The AI is eating my chips," Faber told The Wall Street Journal, adding that concentrated chip production is being absorbed by AI infrastructure demand. The company posted fiscal 2026 sales of $4.84 billion, up 6% year over year, with non-GAAP operating income rising 18% to $911 million. Non-GAAP operating margin of 18.8% and gross margin of 43.6% were records outside pandemic peaks. Middle East conflict has disrupted Strait of Hormuz shipments, forcing Logitech to shift EMEA distribution from its Dubai hub to facilities in the Netherlands and China. Those disruptions cost roughly $5 million in the January-to-March quarter and are projected to reach approximately $15 million in the current period. Faber said Logitech raises average selling prices through new product launches, roughly four dozen annually, as with the $180 Superstrike gaming mouse.