In a recent interview with CNBC, Gelsinger told the outlet that the chip shortage might drag on for two years due to the strain on key manufacturing tools.
Intel CEO Pat Gelsinger is anticipating that the chip shortage, which has been negatively impacting many industries including the games industry, will remain an issue well into 2024.
“[W]e believe the overall semiconductor shortage will now drift into 2024,” Gelsinger told CNBC.
Since 2020, the chip shortage has remained an ongoing issue.