Chipmakers signal supply glut easing but demand recovery still slow
newscatcher
2023-07-28 12:39
Chipmakers signal supply glut easing but demand recovery still slow
FILE PHOTO-A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo SEOUL  – From Intel to Samsung, global chipmakers are celebrating the beginning of the end of a semiconductor supply glut, but the outlook for demand from customers outside the artificial intelligence (AI) industry remains gloomy. All the major markets for chips – smartphones, PCs and data centers – have shrunk this year, as both corporate customers and consumers scale back spending amid a weak global economy, high inflation and rising interest rates.

https://business.inquirer.net/412782/chipmakers-signal-supply-glut-easing-but-demand-recovery-still-slow

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