Sony's PS5 production woes look set to continue for quite some time yet, based on what Intel CEO Pat Gelsinger has said about the ongoing chip shortages. Speaking to CNBC, Gelsinger warns that the aforementioned ship shortage could last into 2024 — a scenario that would no doubt force companies like Sony and Microsoft into once again reworking their plans for the current console generation.
"We believe the overall semiconductor shortage will now drift into 2024, from our earlier estimates in 2023, just because the shortages have now hit equipment and some of those factory ramps will be more challenged," says Gelsinger. Basically, the chip shortage is starting to have an impact on the production line itself — not just the products. Great.
As previously reported, Sony is still struggling to supply PS5 stock, to the point where the situation is arguably getting worse in regions such as North America. Indeed, PS5 was outsold by both Xbox and Nintendo Switch in the US in March — and it was all down to the fact that Sony simply can't get enough PS5s on store shelves.
It's also worth noting that when PS5 stock is sufficient, PlayStation exclusive titles like Horizon Forbidden West and Gran Turismo 7 tend to rocket up the sales charts. There's clearly a lot of interest in the current-gen console, but again, it's actually buying one that's the problem.