Chip Shortages Are Predicted To End Soon For PC, PS5, and Xbox

Pat Gelsinger, the CEO of Intel said that the global shortage of chips and semiconductors is about to end.

By    Daniel  |  Veena

PS5 AND XBOX CHIP SHORTAGES ABOUT TO END?

Lisa Su, the CEO of AMD said that the global shortage of chips and semiconductors that are has affected the supply of PCs, Xbox and Playstation consoles are about to come to an end in late 2022 or up until early 2023.

However, Gelsinger thinks otherwise, as he believes the shortage will continue up until 2024.

A lot of people are in lockdown and are forced to stay at home because of the COVID-19 pandemic. Work from home, homeschooling, and more gaming time has brought up the demand for PCs as well as gaming consoles.

The demand was not able to catch up with the supply as the coronavirus pandemic has cut the workforce in half and on the ground manufacturing was put to a stop.

Gelsinger said that the “shortages have now hit equipment and some of those factory ramps will be more challenged.”

Recently, Microsoft was able to pay for priority from chip manufacturers which made them able to have more Xbox Series X consoles. The PS5 stocks didn’t have the same fate.

With what Gelsinger said, it looks like the shortage for PC, PlayStation, and Xbox will continue until 2024.

Gelsinger also added that Intel is planning to move its factories to the US so that they wouldn’t be dependent on the Asian market.

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