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Intel CEO: Shortages likely until 2023

Oct 25, 2021

Intel has claimed that the semiconductor shortage which has caused production issues and shortages for the PlayStation 5, Xbox Series X and graphics cards, won’t end until 2023, reports TechRadar

“We’re in the worst of it now, every quarter next year we’ll get incrementally better, but they’re not going to have supply-demand balance until 2023,” CEO Pat Gelsinger said in an interview with CNBC.

This is contrary to recent comments from AMD CEO Lisa Su who has said that she expects the second half of 2022 to see supply increase. Though she also cautions that while the situation will slowly improve, we shouldn’t hope for an immediate fix.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics here