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Chipmakers' Sales Hurt by Semiconductor Shortage -- Market Talk

Dow Jones Newswires ·  Oct 28, 2021 10:44

1044 ET - Chip makers say the lack of supplies have caused them to lose sales. "Trust me, we would be shipping a lot more if we weren't constrained by the supply chain of these other components in the industry," Intel CEO Pat Gelsinger said last week. He expects shortages to last until 2023. Wait times for chip deliveries have continued to climb above a healthy threshold of 9-12 weeks. Over the summer, the wait stretched to 19 weeks on average, according to Susquehanna. But as of October, it has ballooned to 22 weeks. It is longer for the scarcest parts: 25 weeks for power-management components and 38 weeks for the microcontrollers that the auto industry needs, the firm says. (stephanie.yang@wsj.com and jiyoung.sohn@wsj.com)

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