Lupingosei
Banned
Intel CEO says chip shortage could last until 2023
Second quarter earnings and revenue topped expectations
www.foxbusiness.com
It could take one or two years to get back to a reasonable supply-and-demand balance in the semiconductor industry, Intel CEO Pat Gelsinger said in an interview with The Wall Street Journal after the company posted second-quarter earnings on Thursday. "We have a long way to go yet," he said. "It just takes a long time to build [manufacturing] capacity."
and
"Our estimates are it’s probably two years for the industry to work through it because, as you say, it takes a while to build a fabrication, or a fab, as we like to call it in the industry," he said during that appearance in April.
This will probably also mean, prices stay as high as they are or it can even get worse.