• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Business

Intel Ceo: Chip shortage to be inflated by late 2021

by News Desk
June 28, 2021
in Business, Main, New, Technology, World
Reading Time: 1 min read
Intel
Share on FacebookShare on Twitter

According to Intel CEO, Pat Gelsinger, the current chip shortage predicament will hit rock bottom by late 2021 before there are even any changes in regards to this. This is a huge issue for the computer and semiconductor industry as the world is currently dependent on the work-from-home scenario where the latest systems are in insignificant demand leading to a more inflated need for processors and chips.

With the growing demand for computers, companies have also cranked up the price of these computers due to the fact there is a huge shortage of semiconductors. Moreover, in a recent interview, Gelsinger mentioned that he does not expect the chip industry to get back to the healthy situation of supplying chips and processors due to companies now opting for remote work and being solely dependent on their systems.

Despite Intel being the largest chipmaker in the world, not only is the company facing a shortage but other AMD and Apple are now giving Intel a hard time with their own processors. However, it’s not just the processors and the chip that are facing the global shortage but rather all sorts of computer parts are slowly becoming rarely available in the market.

Tags: AMDAppleChipIntel
News Desk

News Desk

Related Posts

SBP Offers Interest-free Loans to Women For Starting Business

SBP Offers Interest-free Loans to Women For Starting Business

The State Bank of Pakistan (SBP) is offering interest-free loans to unemployed women to start their large-scale businesses to ensure...

Work on PIA restructuring plan expedited

Work on PIA restructuring plan expedited

Work on Pakistan International Airlines (PIA) reorganisation plan for privatization has been accelerated. According to reports, the PIA administration has...

Fertiliser industry: Govt mulling ending cheaper gas facility

Fertiliser industry: Govt mulling ending cheaper gas facility

According to sources close to the Energy Minister, the caretaker government is expected to fix fertilisers industry feed petrol costs...

Anchorperson Imran Riaz Khan ‘recovered’ after nearly 5 months

Anchorperson Imran Riaz Khan ‘recovered’ after nearly 5 months

Anchorperson Imran Riaz Khan, who had been missing for nearly five months, was successfully located and returned to his home...

Foreign minister Jilani denies meeting with Israeli minister

Foreign minister Jilani denies meeting with Israeli minister

Foreign Minister Jalil Abbas Jilani has said that Pakistani officials have not met Israeli Foreign Minister Eli Cohen recently. According...

At least 20 injured in Sheikhupura train crash

At least 20 injured in Sheikhupura train crash

On Sunday, two trains crashed near Qilla Sattar Shah in Sheikhupura district, injuring at least 20 passengers, including women and...

Next Post
province

FM renews promise to make South Punjab a province

Please login to join discussion

Recent Posts

  • SBP Offers Interest-free Loans to Women For Starting Business
  • Work on PIA restructuring plan expedited
  • Judge insists on Ex-PM Imran Khan’s arrival despite Attock Jail’s worries
  • Fertiliser industry: Govt mulling ending cheaper gas facility
  • Anchorperson Imran Riaz Khan ‘recovered’ after nearly 5 months

Advertisement

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk