Monday, May 2nd 2022
Intel CEO Expects Chip Shortage to Last Until 2024
In an interview with CNBC's TechCheck, Intel CEO Pat Gelsinger said he expected the chip shortage to continue to drag on, at least until 2024. Unfortunately he didn't go into too much detail as to why, beyond there being an equipment shortage, which in turn will slow down the speed at which new fabs can be put online. In other words, Intel is pointing fingers at ASML and other companies that manufacture the various types of equipment that is needed to manufacture semiconductors.
Intel is the first company to have publicly said that the semiconductor shortage will continue longer than initially expected, where most companies expected things to ease off towards the end of this year, or at least sometime in 2023. The shortage isn't likely to affect Intel when it comes to products the company manufactures in-house, but if the shortage continues into the foreseeable future, it might have a bigger knock-on effect when it comes to the wide ecosystem that Intel is reliant on, such as motherboards. The other concern is obviously Intel's products that are being manufactured by TSMC, where the company is likely to see increased competition when it comes to getting access to enough capacity at certain production nodes.
Source:
CNBC
Intel is the first company to have publicly said that the semiconductor shortage will continue longer than initially expected, where most companies expected things to ease off towards the end of this year, or at least sometime in 2023. The shortage isn't likely to affect Intel when it comes to products the company manufactures in-house, but if the shortage continues into the foreseeable future, it might have a bigger knock-on effect when it comes to the wide ecosystem that Intel is reliant on, such as motherboards. The other concern is obviously Intel's products that are being manufactured by TSMC, where the company is likely to see increased competition when it comes to getting access to enough capacity at certain production nodes.
29 Comments on Intel CEO Expects Chip Shortage to Last Until 2024
its gpu shortage is the problem... (miners and scalpers can eat shit)
If you look at Intel's chipset shortages some of it was attributed to their willingly to prematurely end socket support rather than extending it further. That in turn requires more chipsets so they've brought it upon themselves. Intel isn't in a great position to be pointing the fingers at others for something their as guilty of as anyone over. They've done enough things to enough people that were detrimental even including themselves when it comes to the matter and even prior to the epidemic.
It all makes sense.
i am not saying they are the sole cause, but they exacerbated it tenfold, and if you think otherwise, you haven't seen enough pictures of the mining setups out there.
gpu's should have stayed for gaming, at the consumer level anyway. it doesn't matter though, the wheat yields in India are already collapsing due to record high heat levels, so humans will soon... well...
My point was about ALL the GPUs increasing in price, like in a single day. If you look at the cards like 1060's, 3 gigers, etc... that stuff isn't mining properly. It can't, but even the valueless cards not many people are interested in - were increased in price to moon.
By bottom bar you need a 2060 grade or so GPU to actually mine at a profitable rate. Let it be alternative coins, or the bigger boys like ETH / BTC. Also, mining is dying. With alternate coins pumping and dumping, and Eth reducing day after day... it's like a year left before another holocaust. I've been hearing things that mining won't be back up properly after that. You'll get a lot of miner cards flood to the market by then, and the prices on some places have been reducing. So yeah.
So as Intel often has been lately I think they are once again very late on this call about the chip shortage lasting until then. TSMC will continue to have their prioritized customers and some typical production delays, but I think we're already through worst of it barring crypto doubling or another major global event. Knock on wood though after the last couple of crazy years, and conflict in Taiwan would make the recent supply issues look like the good ole days.
Yeah to many lakes
Intel do like the chip sells at 800.us mark and hate dropping price on prior just because they release another lake 6-8 months later depending on what amd does :laugh:
Intel was just assessing the economical events (inflation) and had to rise the prices to compensate the falling demand due to broke consumers (and of course to please the shareholders).
This press release is just unicorn dust for the uninformed consumer sheeple. :cool:
Maybe we should do our research first before writing articles.
www.eetimes.com/asml-warns-chip-shortages-to-continue-over-next-two-years/
I can't see any shortage here. :rolleyes:
India is the best example at the moment, 50 Celsius temperatures, wheat yields are failing fast... humans had their chance. Humans voted for greed, and now humans will fail as a species when the great migrations begin, most likely starting with India which I predicted over 4 years ago oddly enough.
Enjoy your wealth while you can :)
When you can run your PC on a CPU without using other chips altogether let me know, that's pretty news worthy. I think the automotive industry is also very keen to hear of your invention.
And no its not just a GPU either, the world is bigger than mining/crypto/gaming and even if you include datacenters you're not even scratching the surface of the entire chip industry. The fact is, the GPU market is small enough to see that availability is already improving even now as the peak of current gen has passed and demand is already cooling down for it. Its extremely elastic, while many other chip markets are non-elastic: they are prerequisites for thousands of branches and product lines.
To verify that statement, just look at (y)our own situation as tech heads. GPUs can last upwards of five years and still do a job fine. Companies however that need to release a circuit board of whatever kind have a new product to push, requiring new chips of all sorts. And the trend has been that almost everything, including a toothbrush, refrigerator and even doorbell could have a little chip inside.