Intel CEO: Expect tight chip supply to continue throughout 2023

2022-05-27 0 By

Intel Chief Executive Pat Gelsinger said the company expects chip supply to remain tight until at least the end of 2023, before improving in 2025-2030, when Intel and other manufacturers ramp up production at their fabs to meet rising demand and shifts in technology.”As we move into the second half of the decade, the number of advanced lithography wafers produced each year is expected to double and continue to grow,” Gelsinger said.As cars become smarter, the wafer industry must move away from its extreme dependence on older technologies to more modern ones to address supply chain issues through capacity expansion.”