Technology

Intel CEO says chip shortage will persist for a ‘couple of years’




The global semiconductor shortage roiling a wide range of industries likely will not be resolved for a few more years, according to Intel’s new Chief Executive Officer Pat Gelsinger.The company is reworking some of its factories to increase production and address the chip shortage in the auto industry, he said in an interview with CBS News, based on snippets from its 60 Minutes program that was aired Sunday. It may take at least several months for the strain on supply to even begin easing, he…



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