A recent report from Counterpoint Research gave cause for optimism when it concluded that the current semiconductor shortage may come to a close as soon as ?late Q3 or early Q4? this year. If that sounds familiar, it?s because this announcement is one of many over the last two years that have optimistically predicted an approaching end to the chip shortage for cars.

Despite many predictions that indicate the end may be in sight, the chip shortage is a complex issue with several moving parts. Global manufacturers, government entities, and more have worked to address specific aspects of the issue, but the many factors that influence the shortage make it challenging to accurately predict its conclusion.

Nobody Seems To Agree When the Chip Shortage Will End
Counterpoint offers plenty of data to support its predictions. The research firm analyzed production capacities alongside consumer demand to reach its conclusions.

However, others with similarly well-informed perspectives have come to drastically different conclusions. In April, Intel CEO Pat Gelsinger said he expected that the chip shortage would continue into 2024. Gelsinger cited supply chain issues with the manufacturing equipment used to produce semiconductor chips as the main roadblock.

Cristiano Amon, CEO of Qualcomm ? one of Intel?s biggest competitors ? has a more hopeful take than Gelsinger. In an interview with Fox Business, Amon said he could see a return to normal toward the beginning of next year...