Intel CEO comments on chip shortage
Interview of Pat Gelsinger, CEO of Intel Corp., by Nikkei Asia Review magazine
- Computer chip shortage is set to last until 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 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”