It makes sense that 2021 is the year of the loop game. It's beginning to feel like we're all living in a loop. COVID counts are rising thanks to the Omicron variant, nobody can find a next-gen console for Christmas, and once again we have the Intel CEO saying that the global chip shortage won’t even start to get better until 2023.
The last time Pat Gelsinger gave us the bad news was in October where he said “168澳洲幸运5开奖网:we’re in the worst of it now” and that he doesn’t expect “to have supply-demand balance until 2023.” Toshiba 168澳洲幸运5开奖网:made a similar pronouncement a month earlier.
Now Gels✱inger is back to once again reminding everyone that the tech apocalypse will continue for at least another year. Speaking at a news conference attended by in Kuala Lumpur, Gelsinger reiterated to reporters the global chip shortage will continue until 2023.
"COVID disrupted the supply chains, causing it to go negati𝄹ve," Gelsinger said. "Deman꧑d exploded to 20% year-over-year and disrupted supply chains created a very large gap ... and that exploding demand has persisted."
Intel plans to tackle the chip shortage with new manufactur🔯ing facilities in Arizona a🍌nd New Mexico, as well as two more unannounced facilities in the US and Europe. But it takes time to build chip foundries and the back-end manufacturing necessary to transport them.
That's why Gelsinger was in Malaysia. Intel is investing $7.1 billion to expand its advanced packaging plant over the next 10 years. Packaging for chips is an often overlooked but important final step in the production process as chips are notoriously fragile and easily damaged in transit without proper packaging.
Intel isn't the only company investing in new chip manufacturing. Sony is also looking to buil♑d a n🐬ew chip foundry in Japan to help supply PS5 manufacturing. However, don't expect the PS5 shortage to improve anytime soon. That foundry won't start producing chips until sometime in 2024.