Thursday, 3 August, 2023

Chipmakers Indicate Easing Supply Glut, Yet Demand Recovery Lags

Chip manufacturers suggest a gradual improvement in the supply glut situation, signaling positive developments. However, demand recovery for chips remains slow despite easing supply constraints. The industry continues to grapple with the challenges of meeting growing demand amid the global chip shortage. As chipmakers strive to address supply chain issues, the overall recovery in demand for semiconductor products is yet to gain significant momentum.