Global chip shortage could stretch into 2023, Intel CEO warns

by Ryan

The global chip shortage that has hamstrung manufacturers across the world may go on for some time yet, according to Intel’ CEO Pat Gelsinger.

“While I expect the shortages to bottom out in the second half, it will take another one to two years before the industry is able to completely catch up with the demand,” said Gelsinger as he announced the company’s Q2 2021 earnings.

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