Intel CEO Pat Gelsinger recently commented that he believes component shortages will not normalize until 2023, a valuation that dovetails with those the executive had previously released, and that also squares with the opinions of other important figures of the sector.
It is important to note that Pat Gelsinger is referring to a shortage of components in general, that is, not limited to semiconductors, but includes other important elements such as passive components, to give an example that is easy to understand and which we also talked about recently in this article.
To better understand the words of the CEO of Intel, we must differentiate two important keys: recovery and normalization. What Pat Gelsinger, and other executives commented previously, is that the recovery of the semiconductor industry, and other key components in the technology sector, will not begin until sometime in 2022, and that during that year we will continue to see a marked shortage. This implies that there will be no normalization of supply and demand in that year.
For this normalization between supply and demand to be achieved, we will have to wait until 2023, according to the CEO of Intel, who also said that right now we are at the worst moment, but that little by little, quarter by quarter, the thing will improve more and more noticeably. In any case, the important thing is that the forecasts, one year ahead, are good.
Intel has three major releases pending. This year will arrive the Alder Lake-S processors, based on the Golden Cove architecture, and equipped with a hybrid design that combines high-performance cores with high-efficiency cores. Later, already in 2022, their Intel Arc Alchemist graphics solutions will arrive, which will be aimed at the general consumer market, and which promise to compete with the RTX 30 from NVIDIA and the RX 6000 from AMD. We will also see the launch of the new Xeon Sapphire Rapids.
There is no doubt that 2022 is going to be a busy year for Intel, although we are not clear about what the chip giant intends to do to prevent the shortage of components from affecting, in whole or in part, the sale price of its next launches. Arc Alchemist should be the most affected line, since they are graphics cards that use different components, and the GPUs will be manufactured by TSMC at their 6nm node.