‘Normalization’ of Chips Supply Chain Unlikely Before 2024: Intel

Intel is “seeing things get better” in the semiconductor supply-demand imbalance, but “we still see a year-plus -- 2023, maybe even into 2024 -- before we see the normalization of the supply chain,” Todd Brady, vice president-global public affairs and chief sustainability officer, told a Goldman Sachs investor conference Tuesday. “So there's still a lot of work ahead of us” in trying to balance the supply-demand equation, he said.