Intel CEO Says Chip Shortage Will Persist for ‘Couple of Years’
- CEO Gelsinger talks chip constraints on ‘60 Minutes’ Sunday
- Auto chips supply chain is ‘long and complex,” TSMC’s Liu says
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The global semiconductor shortage roiling a wide range of industries likely won’t be resolved for a few more years, according to Intel Corp.’s new Chief Executive Officer Pat Gelsinger.
The company is reworking some of its factories to increase production and address the chip shortage in the auto industry, he said in an interview with CBS News, based on snippets from its “60 Minutes” program. It may take at least several months for the strain on supply to even begin easing, he added.