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 …