Global chip shortage now expected to last until 2024, Intel claims

Written by Stuart Thomas on Tue, May 3, 2022 2:30 PM

We’ve heard a lot of positive things regarding the upcoming launches of the RTX 40 series and RX 7000 series of graphics cards from Nvidia and AMD, respectively. Namely in reference to their purported massive leap in performance. But even though performance is important, these days supply is just as vital, and Intel now thinks it will take even longer until we’re back to the way things were pre-pandemic.

Original estimates by Intel claimed the global chip shortage would last until 2023. New estimates now put that further back to 2024, as the chip shortage is now affecting the very equipment to make those chips. Less equipment used to make chips means less chips made in a given timeframe, it’s simple math.

That’s part of the reason that we believe the overall semiconductor shortage will now drift into 2024, from our earlier estimates in 2023, just because the shortages have now hit equipment and some of those factory ramps will be more challenged,” Intel CEO Pat Gelsinger said in a recent interview. “Ramps” refers to the increased rate of production from manufacturers.

Hopefully this won’t affect GPU availability too much, as supply has been steadily increasing over the past few months in Europe, and reflectively driving the overall prices of graphics cards down from their highly inflated prices during the peak of the COVID-19 pandemic. Nvidia has even supposedly spent a lot of money to reserve more chips in order to prevent a repeat of the issues in the last two years seen for the RTX 30 series.

What do you think? Will Nvidia and AMD secure more availability for GPUs this year to prevent a repeat of the RTX 30 and RX 6000 series? How has supply been in your region recently? Is it better or worse than a few months ago? And will you still try and get a nextgen GPU if the supply is low again? Let us know your thoughts!

Do you think GPU supply will be better or worse for the RTX 40 and RX 7000 series than the RTX 30 and RX 6000 series?

Will you still try and get a nextgen GPU even if supply is low again?

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19:59 May-09-2022

Don't think it'll return to normal anytime soon. The industry is still stuck waiting on backorders from last year while new backorders are put on. It'll at least be 2025 when things return to normal, for now, as it has been last year, small batches will come and go (quickly).

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15:24 May-07-2022

actually,


I would consider new powerful gpu only if there were HiDPI ultrawide screens - to upgrade from my 3440x1440 100Hz screen to something like 6880x2880 180Hz at least, but for some reason everyone is obsessed with 4K only which is basically 1080p HiDPI

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05:40 May-05-2022

Here RTX 3070ti is still around $1k and it's still bad for any other GPU

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00:07 May-05-2022

At this point I just assume this is the new normal. I'll be really happy if things ever revert to their pre-shortage state, but I honestly don't expect it.

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23:18 May-03-2022

My personal thought is that supply for next gen will be better. But if you expect to get it at launch or in first month, you either better be fast or keep eyes wide open for availability. A lot of people right now are leaning to buy next gen instead of current and I expect 1-3 months of shortages to happen. It might not be as bad as Ampere/RDNA2 and way shorter than those two, but it still will be there. Hence why I will wait till prices of current gen bottom down and just go for it. Considering that I am after around up to 3060Ti performance, I don't think that will also get next gen counterpart on initial release. So it makes more sense for people who want 4090/4080 or maybe 4070 to wait, since that is likely going to be first to get release, but even 4070 could have a month or two of delay, rest of the lineup could have way more delay. But this is just my guess, so I could be wrong.


As for getting next gen, I probably won't, I definitely would be interested, if price is right, but I am not the type of audience to say, just give me best, money is not an issue, so price would have to be right and worth it. I do suspect that MSRPs of next gen will be more in lines with what will sell, but that will be because equivalent tier will have higher MSRP.

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22:14 May-03-2022

Only delusional people still think that this whole thing amid resource struggles, political issues, global issues, food production, energy issues, economy issues, and issues in general, is going to end in this decade at all. This decade is dead, and it'll take at least half of another one to fix the global issues that so far have amassed. And if anything else goes south the next decade will be completely effed as well. That is unless WW3 "fixes" everything.

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16:22 May-03-2022

If prices are bad than i will just buy a 6700xt or 6800xt and thats it. Is Computex gonna show some rdna3 samples?

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15:53 May-03-2022

doubt will have such powerful gpus in next 5 year period. only if win lottery or someone rich buys it for me lol. Right now lets keep 1080p rx580 gaming till games start to get unplayable or need to sacrifice important visual features.

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14:40 May-03-2022

I expected it to last until mid 2023, but oh well.

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