Categories: Technology

Intel CEO on market shortages. We have bad news for you

Experts in the industry, or at least those who seem to have the most say in it, seem to agree on how long the current chip market situation will last. What interesting did Intel’s CEO have to say about the shortages in the market?

The big trio, i.e. the CEO of AMD, NVIDIA and now Intel, agree on one thing – we will wait for low prices and high availability

This question is answered in an excerpt from an interview that Pat Gelsinger gave to CNBC, where he mentioned exactly the same that Lisa Su, the CEO of AMD, mentioned in the past. According to her, shortages in the semiconductor market will last until the second half of next year, which is in line with Gelsinger’s estimates.

Also read: Another chance for cheap graphics cards. I’m talking about AMD Navi 24

We are at our worst moment now; with each quarter of next year we will gradually improve, but by 2023 we will not achieve a balance between supply and demand

Pat Gelsinger told CNBC.

Also read: The largest offshore wind farm is getting closer to completion. It’s Hornsea Two

If that wasn’t enough, NVIDIA CEO Jensen Huang shares a similar opinion, according to which in August, supply problems will continue for most of next year. In other words, we had to wait until 2023 to buy a graphics card at a reasonable price?

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