There has been a significant rise in demand for processors. Tech giants like Intel and AMD are under immense pressure to ramp up CPU production to meet this growing need. Processors are central to any computing device, forming a crucial part of the system's motherboard. While there is always a steady demand for these chips, the current shortage has amplified this demand.
Intel has announced an impending CPU stock shortage, citing an 'acute' supply issue affecting consumer processors. This means businesses requiring multiple CPUs may face significant stock challenges.
The global chip shortage is expected to persist, potentially lasting up to two years, through to 2023.
What impact will a chip shortage have on the industry?
In addition to Intel's statement, they have confirmed that the shortage is imminent and that they will not raise their prices as a result. Over the years, they have seen a few shortages due to company changes. However, this shortage is the first time Intel does not have control over the stock issues.
This global chip storage is affecting various technology industries, and the lack of necessary chip components has halted numerous product productions.
To tackle the issue, Intel has started prioritising the production of heavier processors used by data centres and similar organisations, as they see more significant profits from them. This implies that smaller, lower-end processors will likely only become insignificant once they can meet the demand.
How Bytestock support industries affected by chip shortages?
The team at Bytestock are constantly sourcing processors that are in high demand to ensure we stay on top of our stock. Our sales team are computing experts, so not only can we find the processor best suited to your needs, but we can also suggest processors that would work just as well if there is a stock shortage of what you require.
With over 350 different processors available on our site, you’re sure to find what you need. And, if you’re not sure, our sales team are a phone call away.