Intel CEO Pat Gelsinger said that, contrary to estimates shared last year, the global semiconductor crisis could extend well beyond 2023. In an interview published by US broadcaster CNBC for the TechCheck column, the executive explained the very limited availability of key production tools. As a result, it is impossible to think of being able to meet the growing demand for chips (which is not limited to the gaming sector) before the end of next year.
“We believe that the shortage of semiconductors will continue throughout 2023, until well into 2024”, explained Pat Gelsinger, “the main problem is that this crisis has also affected some tools and production lines, creating serious difficulties.”
The CEO continued the speech by saying that Intel is currently in much better shape than several competing companies but still believes that it is unrealistic to think of solving the chip problem in the short term, given the very high demand in the technology and automotive fields.
Last October, AMD CEO Lisa Su said that the chip shortage would certainly last through 2022, but consumers would see improvements in the second half of this year. The executive had also stated that production would be back to full capacity in 2023, but the most recent statements by the CEO of Intel are far from reassuring. Nintendo, among other things, recently lowered its Nintendo Switch sales estimates for 2022, so the situation may have changed in recent months.
It is difficult to predict how the situation will evolve at the moment. Still, given the recent statements by Pat Gelsinger, it seems that it will be quite difficult to find a PS5 or an Xbox Series X / S throughout 2023.