Abrupt downturn hits US chipmakers as recession looms

clock • 3 min read
The chip industry was just starting to recover from shortages caused by high demand and constrained supply in the pandemic. Now, it finds itself with the opposite problem
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The chip industry was just starting to recover from shortages caused by high demand and constrained supply in the pandemic. Now, it finds itself with the opposite problem

Chipmakers are dealing with a well-known issue: growing inventory and declining demand.

A sudden slowdown caused by a drop in demand and excess inventory has struck the semiconductor sector - just as things were about to get better. The semiconductor industry saw a tremendous surge...

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