Intel CEO reiterates warning that global chip shortage could last years – Fox Business
Intel Corp.’s CEO reiterated on Monday that the global shortage of semiconductors could take a few years to resolve.
The shortage, which has snarled auto production and caused supply chain issues for a number of other industries, including cellphones and consumer electronic products, is the result of dislocations caused by COVID-19. Companies shut down production facilities in the early days of the pandemic, hampering their ability to keep up with surging demand for products needed while sheltering…
