Market research agency Susquehanna Financial Group found that the chip supplies are rallying with an average lead time now about 24 weeks – three weeks shorter than the record high in May last year.
Susquehanna reports the December 2022 lead time was shortened by 8 days — the most significant monthly drop since 2017 — but the fact remains this is still much higher than the 10 to 15 weeks before the COVID-19 pandemic.
“Delivery wait times across all product categories have shrunk in December,” said Susquehanna analyst Chris Rolland, adding that lead times for all key product categories are shortening, with power management and analog chips seeing the largest declines in wait times for delivery.
The report also pointed out that Infineon’s lead time was shortened by 23 days, Texas Instruments by four weeks, and Microchip by 24 days.
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