Intel CEO cautions chip deficiency will not end until no less than 2023, as laptop deals get hit by supply issues

The continuous worldwide chip lack will be an issue for much longer, as indicated by Intel CEO Pat Gelsinger, who repeated today in front of the organization’s Q3 profit that he anticipates that the shortage should stretch out until no less than 2023. “We’re in the worst of it now; every quarter next year, we’ll get incrementally better, but they’re not going to have supply-demand balance until 2023,” Gelsinger told CNBC in a meeting. Intel rival AMD appeared to have more hopeful assumptions, with AMD CEO Dr. Lisa Su remarking…

Read More