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Intel and TSMC CEOs say global chip shortage will drag on until 2023 SHARE Top executives from several leading chipmakers came out this week to warn that global chip shortages will likely drag on for the next couple of years. The worst estimate comes from new Intel Corp. Chief Executive Pat Gelsinger (pictured), who told the Washington Post in an interview on Tuesday that he expects the issue will take “a couple of years” to solve as demand soars and production capacity is maxed out. “We do believe we have the ability to help,” Gelsinger said. But he warned that it will likely take “a couple of years until you are totally able to address it.” The problem, he said, is that it will take that long to build the extra capacity needed.

United statesWhite houseDistrict of columbiaColette kressPat gelsingerJoe bidenPatrick moorheadSamsung electronics coNvidia corpTaiwan semiconductor manufacturing coWashington postSiliconangle media incApple incIntel corpChief executive pat gelsingerSamsung electronics