ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Supply Chain

Intel CEO warns chip shortage to last until 2023 as demand soars

Company announces $7bn Malaysia expansion in push to boost output

Intel CEO Pat Gelsinger says a capacity expansion in Malaysia is part of the company's strategy to help overcome a global chip shortage. (Nikkei montage/Reuters/AP)

KUALA LUMPUR -- The global chip shortage is set to last until 2023, Intel's chief executive officer said Thursday, stressing that demand continues to soar amid the coronavirus pandemic even as semiconductor manufacturers rush to expand production.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more