TECH NEWS – PS5, Xbox series, and GPUs will continue to suffer from semiconductor shortages until 2023, according to Intel. The company’s CEO has said that the problem is currently “the most severe.”

The shortage of semiconductors is a problem that we have been suffering from for a long time. The global health crisis has aggravated, has led us to an impasse from which companies are trying to get out, but the date to return to normal seems diffuse. Nvidia has been one of the companies that spoke out this summer, with a shortage forecast for all of 2022.

Phil Spencer shared this same insight, although he also spoke of multiple bottlenecks in addition to the semiconductor shortage itself. Toshiba also spoke out on the problem and frustration, with a shortage forecast estimated until 2023. However, Lisa Su, CEO of AMD, was more optimistic, betting that the lack of chips would continue during the first half of 2022, although easing in the second half of the year.

On this occasion, the technological giant Intel has been the one who has shared its forecasts for CNBC, and they are not too promising. Intel shares have fallen more than 8% due to an unfavourable sales report, which the company has linked to component shortage issues in the industry.

The CEO of Intel, Pat Gelsinger, has talked about high demand colliding with a shortage of semiconductors that will not end until 2023. ” We are at the worst time, every quarter of next year will gradually improve, but there will be a balance between supply and demand until 2023″, concluded Gelsinger. The dramatic situation has led companies to launch reservation websites for future Christmas purchases.

Source: CNBC