Games World

Global Chip Shortages And Supply Issues To Continue Into 2023, Says Intel Boss

“exploding demand has persisted”.

We’ve already heard how supply and production issues in the tech industry won’t be improving anytime soon, and now Intel chief Pat Gelsinger has issued yet another reminder that the shortage of semiconductors will likely continue into 2023.

“The overall semiconductor shortage is quite significant and the semiconductor industry was growing about 5% per year before COVID…COVID disrupted the supply chains, causing it to go negative…Demand exploded to 20% year-over-year and disrupted supply chains created a very large gap…and that exploding demand has persisted…It just takes time to build this capacity to respond to the spike”

Read the full article on nintendolife.com