Although Apple and Google introduced their in-house chipsets for their latest MacBook and Pixel devices, there is no denying the fact that the world is currently experiencing a global shortage of silicon chips. Earlier this year, we saw various chipmakers suggest that the shortage could continue till 2023. Now, the Intel CEO has confirmed that the global chip supply shortage could extend to at least 2023.
During a recent interview with CNBC, Intel CEO Pat Gelsinger discussed the repercussions that the company faced due to the ongoing chip shortage. Gelsinger revealed that the global shortage has affected its PC chip business in the third quarter of 2021. He also revealed that the company saw an 8% decrease in its stock value during the said quarter.
“Q3 revenue was $18.1 billion slightly below our guide due to shipping and supply constraints that impacted our businesses,” said the Chief Financial Officer at Intel, George S. Davis, in a statement.
