Intel CEO Expects AI Hardware Shortage to Last Two to Three Years

Intel CEO Lip-Bu Tan expects the artificial intelligence industry to face a hardware shortage for another two to three years, according to Wccftech.

Tan made the remarks at a conference organized by DBS Bank in Singapore. He discussed the requirements for AI and shared his expectations for quantum computing, the report said.

He also said the AI sector needs to show a return on investment. The comments point to two issues shaping the industry’s outlook: continued demand for hardware and the need for businesses to demonstrate economic returns from AI investments.

Wccftech’s report describes Tan as following several growth areas, including next-generation chip manufacturing technologies and materials. It also says he discussed the growth of agentic AI. The available report summary does not give further details about his comments on quantum computing or the specific hardware facing shortages.

The two-to-three-year estimate is Tan’s expectation, as reported by Wccftech; it is not presented as a guaranteed timeline.