Across the country, we have seen a massive rise in the demand for processors. For those who don’t know, processors sit at the core of any computing device and are a critical component of the system’s motherboard. This ultimately means there will always be a demand for chips, but with the current shortage, we’ve seen an even bigger demand.

The Chip Shortage

Intel issued the following statement regarding the CPU stock shortage…

Intel is experiencing an ‘acute’ supply problem of processors for consumers. With the amount free to purchase becoming thin to the ground. Meaning, for businesses who need stock or a fair few CPUs, may expect trouble ahead on the stock front.

With this global chip storage, it’s likely to continue for up to two years, through to 2023.

What can be expected?

With Intel\s statement, it is confirmed that the shortage is imminent, they have thankfully confirmed that they will not be charging higher prices because of this. We have seen a few shortages over the years, but this is the first time Intel does not have control over the stock issues.

Global chip storage is affecting a range of technology industries, from smartphones, graphic cards, and even cars. Many products have been halted as they cannot be finished.

Fortunately, Intel has started prioritising the production of more heavyweight processors, used by data centers as they see larger profits.

Feel free to get in touch with one of our team for more information!