It seems the global semiconductor shortage may continue until 2022 or 2023, according to Intel

During a Q2 earnings call earlier this week, CEO Pat Gelsinger said that because computing and AI are proliferating, especially in the wake of the ongoing pandemic, the semiconductor supply chain will take a couple years to catch up with demand now that things are being digitized.

"While I expect the shortage to bottom out in the second half, it will take another one to two years before the industry is able to completely catch up with demand," Gelsinger said. "With major fab construction projects underway in Oregon, Arizona, Ireland, and Israel, we are investing for the future, but we are also taking action today to find innovative ways to help mitigate industry constraints."