Intel: The Chip Shortage Isn’t Ending Anytime Soon #ChipShortage
There is a consensus that the current chip shortage won’t be easing up quickly. The precise timeline though, is anyones guess. Recently Intel’s CEO posited a 2024 estimate. In the meantime we will have to keep working smart to make the most of what we can get!
“That’s part of the reason that we believe the overall semiconductor shortage will now drift into 2024, from our earlier estimates in 2023, just because the shortages have now hit equipment and some of those factory ramps will be more challenged,” Gelsinger said.
The 2024 prediction is further away than what most tech executives have predicted since the chip shortage began terrorizing the auto and tech industries two years ago. In fact, Gelsinger, in 2021, said it would take “a couple of years” for the shortage to abate, and pointed to 2023 for when we’ll see the “supply chain tightness release a little bit.”
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