Intel worsens forecasts: CEO warns component shortage will persist into 2024

The managing director predicted greater stability until 2023, but the situation did not improve.

A few months ago a unprecedented crisis in the world of technology. The lack of components continues to make devices such as the following difficult to manufacture. consoles, graphics cards and many gadgets not related to the video game industry. Although the technology giant predicts a general recovery until 2023, companies such as Intel are preparing for a problem that will continue for a long time.

Scarcity has now affected the means of productionPat GelsingerWell, forget this date because Intel worsened his forecasts. As its CEO explains, Pat GelsingerIn an interview with CNBC (via VGC), we can expect shortages to continue to impact device production for much longer: 2024From our previous estimates in 2023.”

“Just because the famine affected it now means of production and some of these factories will have a bigger challenge,” explains the CEO. So, we’ll have to wait to see what happens in the semiconductor shortage field, because we’ve heard statements that predict the end of the problem. in a few months.

Although the dilemma is already affecting production of the Nintendo Switch, this is the case with NVIDIA, which is predicting a more positive 2022. was running from famine until now. This has led some video game companies to use washing machine chips to manufacture their products, illustrating the helplessness of some factories in this situation.

More information: Intel, Scarcity, and Components.