Intel once again warns of chip shortage continuing until 2023

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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 acknowledged that he doesn’t count on the continuing chip scarcity to ease earlier than 2023. The plans in your new gaming rig may need to be delayed even longer.

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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 effectively.” It’s good to see all main semiconductor producers taking a few of their big earnings and investing them, in order that the world has some buffer to guard in opposition to future provide shocks.

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