Intel Now Believes Chipset Shortage Will Continue into 2024
Mike Sanders / 3 years ago
It’s hardly any secret that one of the main reasons that technology, and particularly graphics cards, has been in such short supply over the last (basically) two years is the fact that there has been a significant shortage of chipsets. – And it should be noted that this hasn’t primarily been driven by short levels of supply. Quite the contrary in fact. The supply has been, generally speaking, pretty good and particularly so given the overall disruption caused by COVID-19. The problem basically boils down to the fact that demand has been insanely high from masses of manufacturers.
With this in mind, therefore, pretty much all major tech firms are currently on the record to say that, at least in their view, the overall impact the ‘chipset shortage’ will have on the market will likely continue until at least the end of this year and possibly 2023. – Following a report via TechPowerUp, however, Intel has become one of the first ‘giants’ to somewhat break ranks by adjusting their prior estimate of 2023 to 2024!
Intel Expected Chipset Shortage to Go into 2024!
Speaking in an interview, Intel CEO Pat Gelsinger has now expanded on his prior estimates by suggesting that 2023 might now be a somewhat optimistic view as to when the overall impact of the chipset shortage will come to a relative end. He, therefore, now believes that based on his internal projections that the chipset shortage could last into 2024. A factor that will clearly worry many consumers and particularly so when some huge launches are coming in the very near future.
Around October this year, we have AMD’s Radeon 7000 GPUs and Ryzen 7000 processors, Nvidia’s new 4000-series of graphics cards, and, of course, whatever Intel throws at us within the next 12-months. – Put simply, there’s a lot going on and if the chipset shortage doesn’t improve we may, once again, see the market supply of these new products being nowhere near representative of the consumer demand.
What Do We Think?
In all honesty, though, things have been improving since the start of the year. Hell, AMD and Nvidia GPUs are nearly selling, with retailers, at their MSRP prices (just ignore the fact that they’re both getting on for 2 years old now, and more so, are shortly set to get superceeded).
Put simply, I think Intel might be taking a cautious rather than optimistic approach with this statement. What do you think though? – Let us know in the comments!
