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Chipmakers Hint at Ease of Chip Supply Glut but Demand Recovery Still Slow

US Tightens Export Controls on Advanced Chips, Engine Technology Critical to National Security

From Intel to Samsung, global chipmakers are celebrating the beginning of the end of a semiconductor supply glut, but the outlook for demand from customers outside the artificial intelligence (AI) industry remains gloomy.

All the major markets for chips — smartphones, PCs and data centres — have shrunk this year, as both corporate customers and consumers scale back spending amid a weak global economy, high inflation and rising interest…


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Ben Verlander

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