Global Semiconductor Shortage Finally Resolving
The semiconductor shortage that disrupted industries from automotive to consumer electronics is finally showing signs of resolution as new fabrication plants come online. Production capacity has increased by an estimated 35 percent over the past year. Lead times for chip deliveries have fallen from an average of 27 weeks to 16 weeks. Industry analysts warn that geopolitical tensions could still disrupt supply chains, particularly for advanced chips manufactured in concentrated geographic areas.
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