📊Executive Summary

The article highlights a significant increase in lead times for semiconductor chips, which have reached a record 18 weeks, according to Susquehanna Financial Group. This marks an increase of about seven days from April and surpasses the previous record set in 2018. Notably, power management chips are experiencing even longer lead times of 25.6 weeks. This situation is attributed to the ongoing global semiconductor shortage, prompting concerns that excessive orders from buyers may lead to future oversupply. Procurement teams should be aware of these extended lead times as they could impact sourcing strategies and inventory management....