Intel, AMD and Nvidia agree that chip shortage isn’t ending anytime soon

Leaders of the tech world say it'll be almost a year (at the very least) before market sees relief from current supply crunch.

Credit: Dreamstime

The ongoing chip shortage is causing low stock and high prices for everything from computers to Cameros. And unfortunately, it isn't going away anytime soon. 

Speaking to shareholders to announce Intel's third-quarter financial earnings, Intel CEO Pat Gelsinger said that he doesn't expect the shortage to end until 2023 at the earliest.

We're in the worst of it now, every quarter next year we'll get incrementally better, but they're not going to have supply-demand balance until 2023, Gelsinger told CNBC. Intel recently said that the chip shortages are dragging down laptop sales, and warned that it might be hard to find juicy PC deals this holidayseason.

The other titans of the chip trade agree, to one degree or another. In a similar earnings call in August, Nvidia CEO Jensen Huang told investors that he expects supply chain issues to continue for the vast majority of 2022.

Nvidia's graphics cards have been in shockingly short supply for almost two years now, sending secondary market prices skyrocketing as scalpers, cryptocurrency miners, and the occasional PC gamer fight to get what few GPUs are available on the retail market.

Intel and Nvidia's primary competition in the PC world concurs, though they're slightly more optimistic. Speaking at the Code Conference in September, AMD CEO Lisa Su predicted that the chip shortage will become less severe in the second half of 2022, after being tight in the first half.

It doesn't end there. Leaders at Qualcomm, ARM, Samsung, and Apple all agree that the chip shortage will continue well into 2022, with different levels of pessimism for longer predictions. 

Industrial powers are trying to boost supply with expanded manufacturing while legislators attempt to help them out, with varying degrees of success. But the consensus seems to be that next year will continue to see high prices and limited stock for almost everything that has a chip inside of it.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags intelAMDnvidia

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Michael Crider

Michael Crider

PC World (US online)
Show Comments

Most Popular Reviews

Latest Articles


PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers


This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang


It really doesn’t get more “gaming laptop” than this.

Jack Jeffries


As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr


The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?