The COVID-19 pandemic put a monkey wrench into everybody's plans. Its effects have been evident for the past year or two, but we won't see how much impact it will make worldwide until a few years from now once the world has finally recovered from it. However, one thing that can't be denied going forward is that the world probably will never go back from relying on digital entertainment and online working or learning models going forward.
With that said, the increase in demand for consoles, laptops, graphics cards, and processors, among others, means that manufacturers have had difficulty trying to keep up.
Now, according to Intel CEO Pat Gelsinger, things aren't going to get better anytime soon.
Intel CEO has bad news for tech folks
The ongoing semiconductor shortage has lasted arguably for as long as the pandemic has, which explains why it's so hard to get your hands on a PS5 and Xbox Series S/X. But, the shortage isn't just affecting consoles. The same semiconductors are also used in graphics cards, processors, mobile phones and pretty much every other electronic device that you can name.