01 Nov 2021 -
 General

Chip lead times begin to slow, suggesting shortages have peaked

Delivery times for chips in October posted their smallest gain in about nine months, write IndiaTimes, signalling that the shortages that have punished a broad swath of industries may finally be easing. 

The lead times between order and delivery increased by one day to about 21.9 weeks last month compared with September, according to research by Susquehanna Financial Group. That lag, while the longest wait time since the firm began tracking the data in 2017, contracted significantly for some types of semiconductors.

Power management and optoelectronic chips were easier to come by in October, while the wait for microcontrollers – particularly those used by automakers – lengthened by as much as six weeks, according to the research.

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