Intel warns of impending CPU shortages, but says it won’t raise prices

Intel executives say that the company will be unable to supply enough processors to meet PC demand, as the factors driving ongoing chip shortages affect it, too. But surprisingly there’s some good news as well. Intel said it will probably eat the resulting increase in prices, at least where PC companies are concerned.“We remain in a highly constrained environment where we are unable to fully supply customer demand,” said George Davis, Intel’s chief financial officer, as part of a SeekingAlpha transcript of Intel’s second quarter earnings call. In that call, the company admitted that it can’t get materials—specifically substrate—to make enough chips to keep pace.To read this article in full, please click here
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