Chip shortage affecting every part of the game could extend into 2023
Over the past year, the chip shortage has caused strain in many industries, including games. If you’re hoping to easily secure a PS5, Xbox Series X / S, or RTX 30 graphics card, that probably won’t happen until 2023.
On Intel’s second quarter earnings call, CEO Pat Gelsinger expects chip shortage to continue until 2022, with supply issues stretching through 2023. “While I expect shortages to bottom out in the second half of the year, it will be another one to two years before the industry is up and running. able to completely catch up with demand, ”Gelsinger said on the call.
This isn’t the first time we’ve heard that the chip shortage will last longer than we hoped and will get worse before it gets better. In May, Nvidia CEO Jensen Huang said he expected supply shortages for the RTX 30 series to last until “the second half of this year.” In the same month, Sony CFO Hiroki Tokoi said on a earnings conference call that the company expects
The PS5 will remain in limited quantities until 2022.
Due to the global semiconductor shortage, demand for expensive gaming items has been notoriously difficult to acquire. Many of these items are sold primarily online, most of the time with unexpected restockings. While some retailers have sold selected items in stores, the supply remains extremely limited and cannot meet the overwhelming demand.
To help alleviate shortages, the Biden administration signed an executive order in February committing to examine the supply chain issues that have kept these consoles and graphics cards in short supply. Beyond chip shortages, scalpers have also posed an additional problem, with many flagship GPUs and next-gen consoles hitting several hundred dollars above their suggested retail price.
Taylor is Associate Technical Writer at IGN. You can follow her on Twitter @TayNixster.