Global Semiconductor Shortage Could Continue Until 2023, Intel CEO Says

Intel CEO Pat Gelsinger says "we’re in the worst of" of the global chip shortage right now, and it will likely continue until 2023.

Posted By | On 24th, Oct. 2021

ps5 xbox series x

The games industry, like many others, has been hit with a significant global shortage of semiconductor chips, rendering the supplies of CPUs and GPUs and restrained. Alongside graphics cards, all consoles on the market, including the PS5 and Xbox Series X/S as a result, and though everyone from Toshiba to Foxconn has suggested that the shortage will likely end by 2022, there are some who disagree.

Recently, for instance, Intel CEO Pat Gelsinger said in an interview with CNBC that though things will begin to get incrementally better where the semiconductor shortage is concerned, it will likely continue to be an issue until as late as 2023.

“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,” Glesinger said.

Recently, AMD CEO Lisu Su suggested that the chip shortage would begin winding down by the second half of 2022. Xbox boss Phil Spencer has also previously suggested that console shortages will continue into next year.


Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

15 Hard Bosses That Can Be Easily Cheesed

15 Hard Bosses That Can Be Easily Cheesed

These bosses may look dangerous, although those applying a bit of creativity in their approach will be able to...

15 Modern Games That Had Empty Open Worlds

15 Modern Games That Had Empty Open Worlds

Bigger isn't always better.

Dead Cells: The Queen and the Sea DLC Announced, Releases in Early 2022

Dead Cells: The Queen and the Sea DLC Announced, Releases in Early 2022

Retailing for $4.99, the DLC will add two new late-game biomes, new weapons and enemies, a deadly new boss and...

Former Battlefield 2042 Head of Design is Ubisoft’s New Vice President of Editorial

Former Battlefield 2042 Head of Design is Ubisoft’s New Vice President of Editorial

Reporting to chief creative director Igor Manceau, Fawzi Mesmar will help "shape the creative vision" of Ubiso...

Aliens: Fireteam Elite Is Coming To Xbox Game Pass For Both Console And PC On December 14th

Aliens: Fireteam Elite Is Coming To Xbox Game Pass For Both Console And PC On December 14th

The game will launch on the service alongside Season 2, which will feature various new additions.

Sons Of The Forest Now Releasing May 20th, 2022

Sons Of The Forest Now Releasing May 20th, 2022

The follow-up to the survival horror game now gets a new date after a delay from its original 2021 plans.