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Intel CEO Says Chip Shortage Could Stretch Into 2023

WSJ

By Asa Fitch

Wall Street Journal

Intel Corp. Chief Executive Pat Gelsinger sees the global semiconductor shortage potentially stretching into 2023, adding a leading industry voice to the growing view that the chip-supply disruptions hitting companies and consumers won’t wane soon.

The world-wide shortage has fueled rising prices for some consumer gadgets. Meanwhile, the auto industry has been particularly hard-hit as the lack of a key component causes production delays. German car maker Volkswagen AG this month warned the global shortage could worsen over the next six months. Others have said they were bracing for problems through next year.

Click the link below to read the rest of this story.

https://www.wsj.com/articles/intel-intc-2q-earnings-report-2021-11626899296?mod=searchresults_pos1&page=1

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