Technology

Experts say the chip market is facing an "inventory correction", which could be the worst downturn in a decade, as the global economy weakens and demand fades (Ian King/Bloomberg)

Photo of Grace Will Grace Will August 16, 2022
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Ian King / Bloomberg:

Experts say the chip market is facing an “inventory correction”, which could be the worst downturn in a decade, as the global economy weakens and demand fades  —  Even in an industry famous for its roller-coaster cycles, chipmakers are bracing for a particularly severe shift in coming months …



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