Intel CEO Says There’s ‘No Relief’ on Memory Shortage Until 2028

Intel Corp. Chief Executive Officer Lip-Bu Tan said that the computer industry’s memory-chip shortage is likely to persist for at least two years.

“There’s no relief as far as I know,” he said during a Cisco Systems Inc. conference Tuesday. Tan said he spoke to two of the key players in memory, who told him, “There’s no relief until 2028.”