We do believe we have the ability to help.

I think this is a couple of years until you are totally able to address it.

It just takes a couple of years to build capacity, he added.

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That in no way addresses all of it, but every little bit helps.

We can help alleviate some pressure, said Gelsinger.

We have acquired land and equipment, and started the construction of new facilities.

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We see the demand continue to be high, Wei toldBloomberg.

He said its auto industry clients could expect chip supply to greatly improve from the next quarter.

In 2023, I hope we can offer more capacity to support our customers.

At that time, well start to see the supply chain tightness release a little bit, Wei said.

Overall demand remains very strong and continues to exceed supply, while our channel inventories remain quite lean.

We expect demand to continue to exceed supply for much of this year.

source: www.techworm.net