Six months after projecting that the worldwide chip scarcity will endure until at least 2023, Intel CEO Pat Gelsinger is now saying that we may not be out of the woods until 2024.
“We expect the overall semiconductor shortage will now drift into 2024, from our original predictions of 2023, simply because the shortages have already reached equipment and some of those plant ramps will be more problematic,” he said on Friday to CNBC.
