What Reports Say About Excessive Inventory and Fall in Demand in the Semiconductor Industry
What Reports Say About Excessive Inventory and Fall in Demand in the Semiconductor Industry
Staff
Tue, 08/23/2022 - 17:22
Now, due to the overabundance of inventory, the prices of the chips and several products have become much lower
Amid the improving scenario of the semiconductor industry in terms of supply chain and production, a new report by the Financial Times now stated that the sector is now under a challenge of downturn due to reduction in demand and also inventory glut. The report also added that the gigantic semiconductor manufacturers in the US like Nvidia and Intel are now overburdened with inventory than what is required.
[original story: Circuit Digest]