Will the shortage of semiconductors continue for some more time?

If you listen to the world’s pioneer in making semiconductors, Intel, then the problem is going to last for more time. Intel CEO, Pat Gelsinger, expects the problem of chip shortage to drag all the way to the year 2024. The chip shortage also impacted manufacture of equipment used to make chips and that largely disrupted production schedules of chips.

While some major investments in the US and UK are now underway to expand chip capacity, it has a lead time of 2-3 years before hitting the market. Even Intel is looking at a quantum expansion of its chip capacity. Intel has warned that even extraneous factors like Ukraine war and China lockdowns could impact the supply chain for semiconductors globally.