The chip crisis could last until 2024

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The chip crisis, which has a negative impact on the technology world, especially on the price of graphics cards, may last until 2024. The head of Intel highlights this possibility.

The chip crisis, which deeply affects the prices in the technology world, may not end before 2024. It was previously claimed that the chip crisis could be replaced by abundance in 2023. But Intel CEO Pat Gelsinger doubts the problem can be fixed before 2024. The reason for Gelsinger’s pessimism is shown as the difficulties experienced in the supply of the equipment needed to make semiconductors.

The chip crisis could extend to 2024

Pat Gelsinger used the following statements in an interview with CNBC:

“The reason why we changed our forecast on the chip crisis, which we hope to end in 2023, is that the lack of semiconductors in the market slows down the production chain. This situation will put a heavy burden on the newly established chip factories.”

In a previous statement, Gelsinger stated that the problem in chip supply would extend to 2023. Sanjay Mehrotra, CEO of technology company Micron, pointed out that the chip crisis will continue throughout 2023 and may raise the already troubled RAM and SSD prices.

It is unknown how much harder the chip crisis, which has become an almost chronic problem for years, will make it harder for us gamers to access the hardware. Even giant technology companies cannot speak clearly about when the process will end.

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