Intel once again warns of chip shortage continuing until 2023

Because the Omicron variant spreads quickly across the globe and hopes of a fast finish to the pandemic fade into the rearview mirror, so too does our hope for a fast finish to widespread chip provide shortages. Intel CEO Pat Gelsinger, in an interview with Nikkei Asia said that he doesn’t count on the continued chip scarcity to ease earlier than 2023. The plans to your new gaming rig might need to be delayed even longer.

Gelsinger’s feedback got here throughout his South East Asia enterprise journey, the place Intel introduced a 7.1B funding to expand its manufacturing in Malaysia. He teased much more Intel funding to come back, saying: “I count on to announce our subsequent main U.S. website and our subsequent main European website within the close to future as nicely.” It’s good to see all main semiconductor producers taking a few of their enormous income and investing them, in order that the world has some buffer to guard towards future provide shocks.

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