Intel CEO: Chip Shortage Could Last Another Two Years

Pat Gelsinger, CEO of Intel — a leading semiconductor manufacturer — recently said the global shortage of microchips could get worse this year. Moreover, he told the BBC the shortage could continue for another “year or two.”(Other experts say the crisis could last even longer.)

This recent article in TIME spotlights the complexities of semiconductor shortage. It points out that in 1990, 37% of chips were made in the U.S. By 2020 that number had dropped to 12%. 8/3/2021