Industry News

Intel warns chip shortage could last until 2024, but demand may not last

Views : 25
Update time : 2022-05-31 10:40:37
        Intel CEO Pat Gelsinger believes that products ranging from automobiles to advanced weapons are currently affected by chip shortages, a problem that will continue through 2024. 
        As more people work and play from home during the pandemic, demand for chips used in laptops, gaming devices and data centers has soared. Now, chip equipment makers such as ASML and Applied Materials can't keep up with the demands of chipmakers because they can't buy enough semiconductors. 
        "The biggest issue we've had over the past six to nine months has been equipment coming into the fab," Gelsinger said. "The lead times for these devices have been extended considerably."
        Earlier this year, Intel announced projects for new factories in the U.S. and Europe. Gelsinger did not comment on how a shortage of chip-making equipment might affect Intel's expansion plans.
        Chipmakers such as Intel, TSMC and Samsung are counting on ASML to boost production capacity, and the world's only supplier of EUV equipment, hoped to break Moore's Law, said in early 2022 that it could not meet demand. Even so, ASML expects its sales to rise about 20% this year.
        But while the chip shortage is expected to continue for at least another year, Intel's president has warned that a global recession is likely in the next six months. A downturn could slow demand for chips.
 
Related News
Read More >>
How to Identify Legitimate Sellers When Purchasing Electronic Components Online? How to Identify Legitimate Sellers When Purchasing Electronic Components Online?
Dec .31.2024
Purchasing electronic components online is different from buying clothes online. One needs to understand various aspects. When shopping online for electronic components, one must have a basic knowledge of electronic components and know how to distinguish
Development Directions and Innovation Trends of the Electronic Components Market in 2025 Development Directions and Innovation Trends of the Electronic Components Market in 2025
Dec .31.2024
With the continuous progress of science and technology and the development of the global economy, the electronic components industry has shown a rapid development trend in recent years. From consumer electronics to industrial automation, from automotive e
Resistance Thermometer Temperature Sensors Resistance Thermometer Temperature Sensors
Dec .31.2024
A resistance thermometer is a common temperature sensor that measures temperature by utilizing the property that the resistance of materials changes with temperature. Resistance thermometers are widely used in various fields, including industrial control,
​​​​​​​Say Goodbye to Lag! Three Ways to Speed Up WiFi ​​​​​​​Say Goodbye to Lag! Three Ways to Speed Up WiFi
Dec .31.2024
Don't worry. By learning the following three methods, your WiFi experience can be greatly improved! Let's improve the home WiFi signal from three aspects: transmission power, wireless channels, and location with the agency of Cirrus Logic. Say goodbye to