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- The global chip shortage, which began in 2021, is expected to continue through 2022123. While chip supply has improved, challenges in capacity allocation and surges in demand have contributed to the ongoing shortage12. The median inventory held by chip consumers has significantly decreased, leading to supply chain challenges4. The situation may improve from mid-year onwards as more supplies become available3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Chip supply began to improve in 2022 and looks set to continue through 2023. Capacity was initially freed up due to weakness in some end markets, particularly PCs, smartphones and consumer electronics, where sales began falling in March 2022.www.jpmorgan.com/insights/global-research/suppl…Despite this, the industry recovered, with semiconductor revenue growing in each year between 2020 and 2022. However, new surges in demand such as those brought about by changing consumer habits, together with challenges in chip capacity allocation, resulted in a global chip shortage in 2021, continuing through to 2022.www.statista.com/topics/7797/global-chip-shortage/The global chip shortage is set to drag on till 2022 — but the situation could improve from mid-year onwards as more supplies become available, a top semiconductor analyst at JPMorgan told CNBC.www.cnbc.com/2021/11/19/jpmorgan-on-semicond…The median inventory held by chip consumers (such as automakers or medical device manufacturers) has sunk from a 40-day supply in 2019 to a less than five-day supply in 2021, the Commerce Department said in an industry report released Tuesday.abcnews.go.com/Technology/global-chip-shortage …
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