Chip delivery time extends to over 20 weeks showing no sign of shortage easing
Chip lead times, the interval between ordering semiconductors and taking delivery, increased by more than eight days to 20.2 weeks in July from the previous month, according to the Susquehanna Financial Group report
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Published - Aug 10, 2021, 08:25 PM ET
Last Updated - Feb 12, 2024, 08:11 AM EST
By Arghyadeep Dutta, 3:00 pm ET:
The amount of time it takes to get semiconductors delivered for chip-starved companies has increased to more than 20 weeks, indicating the global chip shortage that is affecting the automakers and the tech companies is getting worse.
Chip lead times, the interval between ordering semiconductors and taking delivery, increased by more than eight days to 20.2 weeks in July from the previous month, according to the Susquehanna Financial Group report.
In June, the time waiting time was recorded at 19.3 weeks.
