Chip shortage to continue for up to 2 years: Intel CEO

San Francisco: Intel CEO Pat Gelsinger has said that the massive chip shortage will continue for at least two more years before the industry is able to completely catch up with the demand.

The strong demand environment continues to stress the supply chain across the world.

“While I expect the shortages to bottom out in the second half, it will take another one to two years before the industry is able to completely catch up with demand,” Gelsinger said during the Q2 earnings call on Thursday .