- July 23, 2021
- Posted by: Stratford Team
- Category: Business
Wheelhouse CIO Ann Berry, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on today’s markets.
One of the leading voices in the semiconductor industry sees the chip-supply problems stretching as far as 2023.
It could take one or two years to get back to a reasonable supply-and-demand balance in the semiconductor industry, Intel CEO Pat Gelsinger said in an interview with The Wall Street Journal after the company posted second-quarter earnings on Thursday. “We have a long way to go yet,” he said. “It just takes a long time to build [manufacturing] capacity.”
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Gelsinger reiterated his comments about the shortages that he made at a trade show in May and on Fox Business’ Barron’s Roundtable in April.
“Our estimates are it’s probably two years for the industry to work through it because, as you say, it takes a while to build a fabrication, or a…
