Nintendo sales

Intel Boss hints at dark times ahead for PlayStation and Xbox sales

While the current problem of lack of semiconductors was already creating obstacles in various industries, the gaming industry is likely to suffer even more in the future. Simply put, buying a PlayStation, an Xbox, or even a Nintendo Switch will become more difficult now.

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That’s according to the CEO of Intel, who recently warned that the global chip shortage is likely to continue into 2024. , Xbox or Switch could face a major disappointment in the coming months.

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The ongoing struggle to own a PlayStation, Xbox, and Switch is getting tougher!

In a recent interview with CNBC, Intel CEO Pat Gelsinger spoke about the current chip shortage. Following his prediction made earlier, this time he mentioned that the problem is likely to extend until 2024. This means that there will be an additional negative effect on the availability of consoles as well as graphics cards.

Giving the reason for his new prediction, he said it was due to the lack of crafting tools. Initially it was expected that they would be readily available, but that is no longer the case. This implies that there are not enough chips produced to meet the growing demand.

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“That’s part of the reason why we think the global semiconductor shortage will now drift towards 2024, compared to our previous estimates in 2023, simply because shortages have now hit equipment and some of these factory ramps will be more difficult”, he said.

Last year, in October, Gelsinger predicted that the chip shortage problem would last until 2023.

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Meanwhile, console makers are struggling to keep up with growing consumer demand. And the most rarely available device right now is definitely the PlayStation 5. The current generation of Sony’s console lineup almost never hits stock. The same goes for Xbox and Nintendo Switch.

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All in all, video game enthusiasts are the ones who will end up suffering a lot from this crisis. Those who either want a PlayStation, or a Nintendo Switch, or even the Xbox, will have to become accustomed to this prolonged situation.

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What do you think of this news? In case you were hoping for the issue to resolve soon, what do you think now?

Let us know in the comments.