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.
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)
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