The semiconductor crisis could last until 2024

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The semiconductor crisis could last until 2024

Crisis, semiconductor

The pandemic has brought us many things, some even good, such as the introduction of the mask in the West and telework. This last, it was a good thing and a problem at the same time because overnight everyone needed equipment different for work or just to keep in touch with family.

As demand for PCs, cell phones and other peripherals, in which semiconductors are used, grew, factories could not keep up. The demand was global, unthinkable and unfathomable, with which the material began to become scarce as well as the products.

Consoles are missing, PC components are missing, even car on-board computers are missing and other vehicles, all missing. Although lately we’ve started to see a bit more movement, Intel CEO Pat Gelsinger seems to be clear that this crisis won’t be resolved until 2024.

The reason why the crisis drags on

In a statement made to CNBCGelsinger said that indeed, the availability of the main manufacturing tools is limited.

“That’s part of the reason why we think global semiconductor shortage will now move to 2024, from our previous estimates in 2023. Only because the shortage has now reached the teams and some of these factory ramps will be tested more. Even like this Intel beat expectations for earnings and fiscal revenue for the first quarter of the year, although it appears to be aiming lower for the second.

Indeed, according to a report by Nikkei, Nintendo Switch sales will be limited by lack of semiconductor supply in 2022. This crisis had a great impact on the video game industry, which caused a lack of console stock. The pandemic, the semiconductor crisis and the launch of a new generation take place in the same year.

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