Intel CEO predicts shortages will last until 2023

Posted on Friday, October 22 2021 @ 21:46 CEST by Thomas De Maesschalck
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Following AMD and NVIDIA, Intel CEO Pat Gelsinger now also stated that supply issues will continue in 2022. VideoCardz writes Gelsinger expects things will get gradually better in 2022, but there will still be component shortages issues until late 2022:
Intel CEO expects shortages to become incrementally a smaller problem however one should not expect a supply and demand balance till 2023, as he said during an interview with CNBC.

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

— Pat Gelsinger to CNBC

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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