Recently, Intel CEO Pat Gelsinger said in an interview with foreign media that the status quo of chip shortages may continue until 2024.

Intel's chief executive, Pat Gelsinger, said the shortage of chips could continue until 2024 due to a shortage of manufacturing tools. Supply problems in the semiconductor industry started in 2020, but many factories have been shut down due to the new crown epidemic. While these facilities are now producing more hardware again, the demand for semiconductors is growing as new smart technologies are invented.

Speaking of the crisis, Gelsinger said: "We believe that the overall semiconductor shortage will now be delayed from our earlier estimate of 2023 to 2024, just because the shortage has hit equipment now, and the ramps at some of these factories will more challenges." In addition to being used in computers and mobile phones, people also need smart home items and vehicles with infotainment systems, all of which rely on semiconductors, which means factories have to produce more semiconductors. Demand for some of these more tertiary goods has grown during the pandemic, so it will take time for the market to adjust.