Chipmakers Struggle With Inventory Buildup On Pandemic Demand Correction

https://finance.yahoo.com/news/chipmakers-struggle-inventory-buildup-pandemic-123442063.html

• Pandemic recovery, rising interest rates, a falling stock market, and recession
  fears have weakened consumer appetite for electronics.
• However, the industry expected chip sales to double by 2030, surpassing $1 trillion globally. Micron eyed a facility in upstate New York that could cost up to $100 billion, partly funded by U.S. government incentives.