Intel once again warns of chip shortage continuing until 2023

As the Omicron variant spreads rapidly around the globe and hopes of a quick end to the pandemic fade into the rearview mirror, so too does our hope for a quick end to widespread chip supply shortages. Intel CEO Pat Gelsinger, in an interview with Nikkei Asia stated that he doesn’t expect the ongoing chip shortage to ease before 2023. The plans for your new gaming rig might have to be delayed even longer.

Gelsinger’s comments came during his South East Asia business trip, where Intel announced a 7.1B investment to expand its manufacturing in Malaysia. He teased even more Intel investment to come, saying: “I expect to announce our next major U.S. site and our next major European site in the near future as well.” It’s good to see all major semiconductor manufacturers taking some of their huge profits and investing them, so that the world has some buffer to protect against future supply shocks.

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