Intel Expects CPU Shortage To Worsen In Q3 As PC Sales Grow

Intel Expects CPU Shortage To Worsen In Q3 As PC Sales Grow
Intel CEO Pat Gelsinger says he expects shortages to ‘bottom out’ in the second half of 2021, but it will take another one to two years ‘before the industry is able to completely catch up with demand.’ Intel has decided to absorb some of the inflated costs that have been spurred by component shortages, which Gelsinger says is important for rebuilding trust with partners.
By
Dylan Martin July 22, 2021, 07:22 PM EDT
Intel is warning that the CPU shortage for PCs will worsen in the third quarter as the company continued to see steady sales growth in the segment. The good news is that the semiconductor giant said it’s not passing on some of the increased costs caused by supply constraints to partners and customers.

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