Intel CEO Expects Chip Shortage to Last until 2024

See Also: Intel to Reveal Its New Line Of Arc Laptop GPUs Soon Like other chipmakers, Intel is working to ease the problem, including heavy investment in facilities in the U.S. and Europe. Other than Gelsinger’s prediction, other companies have also offered observations that the shortages will last for quite a while. Last year in November, Foxconn said that the shortages could last until the second half of 2022. Similarly, in January, the White House concluded that the shortages could last until the second half of 2022. However, it is not sure at that time exactly how long this shortage of chips will continue. But the electronic industry is trying to overcome this situation as soon as possible. Check Also: Intel’s New Crypto Mining Chip to be More Energy Efficient than its Competitors