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Intel CEO Expects Chip Shortage to Last Until 2024

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In an interview with CNBC's TechCheck, Intel CEO Pat Gelsinger said he expected the chip shortage to continue to drag on, at least until 2024. Unfortunately he didn't go into too much detail as to why, beyond there being an equipment shortage, which in turn will slow down the speed at which new fabs can be put online. In other words, Intel is pointing fingers at ASML and other companies that manufacture the various types of equipment that is needed to manufacture semiconductors.

Intel is the first company to have publicly said that the semiconductor shortage will continue longer than initially expected, where most companies expected things to ease off towards the end of this year, or at least sometime in 2023. The shortage isn't likely to affect Intel when it comes to products the company manufactures in-house, but if the shortage continues into the foreseeable future, it might have a bigger knock-on effect when it comes to the wide ecosystem that Intel is reliant on, such as motherboards. The other concern is obviously Intel's products that are being manufactured by TSMC, where the company is likely to see increased competition when it comes to getting access to enough capacity at certain production nodes.



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Is it Intel's strategy to prepare clients for overpriced chips?
 
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If Intel could make 3 gens of CPU (or more) work on the same socket that could be great (less motherboards going to e-waste). If that happen I will go out and buy a 12900K right now :D
 
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If Intel could make 3 gens of CPU (or more) work on the same socket that could be great (less motherboards going to e-waste). If that happen I will go out and buy a 12900K right now :D
Especially now, since we're not exactly going to see any huge changes when it comes to PCIe Express in the consumer space.
 
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Is it Intel's strategy to prepare clients for overpriced chips?

Indeed it is. Just like hiking every GPU's price to moon in a single day, without any exceptions ranging from $100 cards to $500 ones. Then expect people to believe in this whole hoax, just so this dude can walk comfortably out of his office with a coffee in his hand.
 

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not sure why everyone thinks there is a cpu shortage... intel and amd cpu's have always been in stuck, minus like make a total of one month in the last two years...

its gpu shortage is the problem... (miners and scalpers can eat shit)
 
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its gpu shortage is the problem... (miners and scalpers can eat shit)

When this whole thing began, it affected every card including cards like the 1030 as well. You can't mine for shit on those, even alternate coins like Cryptonight which uses GPU core to mine. It's just not profitable. A good part of the shortage is artificial.
 
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Is it Intel's strategy to prepare clients for overpriced chips?
My thoughts as well. “Shortage” is just the new magic word to justify price gouging. We know these shortages are artificial. The companies know it too. The trouble is, with record breaking profits, they have no incentive to stop.
 
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GF didn't advance to 7nm probably in part due to Intel and Nvidia was forced out of the chipset business absolutely as a result of Intel, but let's deflect to ASML for holding things up!!? Ironic that Intel would have shortages of motherboards of all things. Thoughts and prayers from their close "pals" Nvidia!!? :rolleyes: Perhaps if they hadn't burned that bridge?
 

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Yep it be milked as long as possible. Sounds more like a dog whistle to me.
 
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GF didn't advance to 7nm probably in part due to Intel and Nvidia was forced out of the chipset business absolutely as a result of Intel, but let's deflect to ASML for holding things up!!? Ironic that Intel would have shortages of motherboards of all things. Thoughts and prayers from their close "pals" Nvidia!!? :rolleyes: Perhaps if they hadn't burned that bridge?
While Intel has done some pretty shady things, I don't believe they had anything to do with GF choosing to stop at 14 nm. Perhaps you're thinking of the lost revenues due to Intel's strong arming tactics when it stopped Dell from using AMD's processors.
 
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Yes I'm thinking of the strong arming tactics and if it played a role in GF being spun off and in turn GF ditching 7nm. It's a little bit of reach, but I wouldn't say it helped the situation. It still doesn't change the fact Intel has been detrimental with it's actions in regard to the chip industry and chip shortages. The Nvidia scenario was absolutely cause solely by Intel. Nvidia cut it's losses in that case and you can't fault them really for doing so. It's the same with AMD and GF and then GF with 7nm I suppose to some degree or another they all cut their losses and carried on. Intel's done more than simply the Dell situation there were lesser offenses as well. I wouldn't say others are entirely innocent across the spectrum either, but have done less for people to fret about.

If you look at Intel's chipset shortages some of it was attributed to their willingly to prematurely end socket support rather than extending it further. That in turn requires more chipsets so they've brought it upon themselves. Intel isn't in a great position to be pointing the fingers at others for something their as guilty of as anyone over. They've done enough things to enough people that were detrimental even including themselves when it comes to the matter and even prior to the epidemic.
 
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Intel: We have our own fabs that have kept up with demand causing a possible reduction in profits..... Lets flounder and then start contracts with other fabs to disrupt our competitors products so we can ask more for ours..... meanwhile lets claim to still be effected by chip shortages that we manufacture to support the prices.

It all makes sense.
 

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When this whole thing began, it affected every card including cards like the 1030 as well. You can't mine for shit on those, even alternate coins like Cryptonight which uses GPU core to mine. It's just not profitable. A good part of the shortage is artificial.

you are looking at as black and white and a singular moment though, we had shortages before covid too from time to time in specific gpu categories, growing demand, but also miners and bots/third party sellers taking advantage, its very fluid situation.

i am not saying they are the sole cause, but they exacerbated it tenfold, and if you think otherwise, you haven't seen enough pictures of the mining setups out there.

gpu's should have stayed for gaming, at the consumer level anyway. it doesn't matter though, the wheat yields in India are already collapsing due to record high heat levels, so humans will soon... well...
 
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if you think otherwise, you haven't seen enough pictures of the mining setups out there.

gpu's should have stayed for gaming, at the consumer level anyway. it doesn't matter though, the wheat yields in India are already collapsing due to record high heat levels, so humans will soon... well...

Actually I have. I'm pretty familiar with the mining material, although I don't do it myself. GPUs weren't to stay at gaming level with the amount of cash mining was gathering, it's simply foolish to think people would stick with keeping the cards for stupid games only (when they can make thousands of dollars of literal free cash). It's a basic human logic, let it be unfair on an ethical level.

My point was about ALL the GPUs increasing in price, like in a single day. If you look at the cards like 1060's, 3 gigers, etc... that stuff isn't mining properly. It can't, but even the valueless cards not many people are interested in - were increased in price to moon.

By bottom bar you need a 2060 grade or so GPU to actually mine at a profitable rate. Let it be alternative coins, or the bigger boys like ETH / BTC. Also, mining is dying. With alternate coins pumping and dumping, and Eth reducing day after day... it's like a year left before another holocaust. I've been hearing things that mining won't be back up properly after that. You'll get a lot of miner cards flood to the market by then, and the prices on some places have been reducing. So yeah.
 
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chip shortage, or intel unable to execute? These predictions beggar belief, like how intel will be a node leader again in 2024, how about intel releases Saphire Rapids on time first before bragging about how they are node leader in 2 years, or that AMD is in the "rear view mirror" "Chip Shortage" is code for, not just higher prices, but "we can't execute"
 
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The chip shortage was due to the double-whammy of the Crypto gold rush and the pandemic shutdown causing supply problems. Once crypto really started dropping, gpu prices eventually began to follow and inventories increased. But the bulk of that was due to mining. Until a few months ago even 2 gen old cards were still quite profitable and so old 1080ti's were going for $600-$700. And casual gamers/PC users were having to buy overpriced low-end cards just to have anything working that was actually in-stock. Now the curve is completely bent the other direction, with 1080tis going for only $200-$300 and new retail cards both being in-stock and fairly easy to get. The mining pressure on supply has almost completely evaporated, now and not in 2024. Some suppliers are selling now for $200-$300 under MRSP on the cards that released later in the gold rush when retail prices were inflated like the 3080tis. I've seen just about every make and model of 3xxx series gpu available for MSRP or under and for extended times, where they were easily orderable without being a bot or lightning fast over the last couple weeks. They still sell out, but more like in an hour or two rather than bots snagging them in .002 seconds like had been the case.

So as Intel often has been lately I think they are once again very late on this call about the chip shortage lasting until then. TSMC will continue to have their prioritized customers and some typical production delays, but I think we're already through worst of it barring crypto doubling or another major global event. Knock on wood though after the last couple of crazy years, and conflict in Taiwan would make the recent supply issues look like the good ole days.
 
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GF didn't advance to 7nm probably in part due to Intel and Nvidia was forced out of the chipset business absolutely as a result of Intel, but let's deflect to ASML for holding things up!!? Ironic that Intel would have shortages of motherboards of all things. Thoughts and prayers from their close "pals" Nvidia!!? :rolleyes: Perhaps if they hadn't burned that bridge?
GF didn't have the cash to make 7nm work even after spending billions in R&D. They were bringing in $7B in sales and losing money doing it. Where were they going to get the $10B a new fab required?
 
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Hi,
Yeah to many lakes
Intel do like the chip sells at 800.us mark and hate dropping price on prior just because they release another lake 6-8 months later depending on what amd does :laugh:
 
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Yall commenting like you forgot China was in total lock down. Do you people not realize ports are totally backed up?
 
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Is it Intel's strategy to prepare clients for overpriced chips?

Yep, there is no "chip shortage" in the CPU space.

Intel was just assessing the economical events (inflation) and had to rise the prices to compensate the falling demand due to broke consumers (and of course to please the shareholders).
This press release is just unicorn dust for the uninformed consumer sheeple. :cool:
 
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Actually I have. I'm pretty familiar with the mining material, although I don't do it myself. GPUs weren't to stay at gaming level with the amount of cash mining was gathering, it's simply foolish to think people would stick with keeping the cards for stupid games only (when they can make thousands of dollars of literal free cash). It's a basic human logic, let it be unfair on an ethical level.

My point was about ALL the GPUs increasing in price, like in a single day. If you look at the cards like 1060's, 3 gigers, etc... that stuff isn't mining properly. It can't, but even the valueless cards not many people are interested in - were increased in price to moon.

By bottom bar you need a 2060 grade or so GPU to actually mine at a profitable rate. Let it be alternative coins, or the bigger boys like ETH / BTC. Also, mining is dying. With alternate coins pumping and dumping, and Eth reducing day after day... it's like a year left before another holocaust. I've been hearing things that mining won't be back up properly after that. You'll get a lot of miner cards flood to the market by then, and the prices on some places have been reducing. So yeah.

Doesn't matter now anyway, due to the massive influx of energy usage and carbon output of humans thanks to mining on top of not fixing concrete/agriculture/transportation sectors, mother earth has already decided to fuck everyone, and rightfully so.

India is the best example at the moment, 50 Celsius temperatures, wheat yields are failing fast... humans had their chance. Humans voted for greed, and now humans will fail as a species when the great migrations begin, most likely starting with India which I predicted over 4 years ago oddly enough.

Enjoy your wealth while you can :)
 
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