Businesses and consumers have been grappling with supply chain issues for months, resulting in annoying shortages of all kinds of products, including all-important semiconductor chips.
And while the CHIPS and Science Act, signed into law in August, is designed to boost semiconductor manufacturing in the U.S., there’s no telling what effect the legislation will have on supply, or even when.
“The semiconductor supply chain is still constrained,” said Brandon Kulik, semiconductor industry leader and principal at Deloitte Consulting. “Lead times on average have come down slightly, given softening in the consumer electronics segment [laptops and smartphones], and demand for memory has declined. But demand for higher performing data center chips, defense, and automotive chips remains historically high, with some semiconductor companies seeing growth in the area of 40% or more.”
One potential nearer-term solution for companies that rely on semiconductors: advanced data analytics and artificial intelligence tools to help manage supply issues.
“The Covid-19 pandemic vividly illustrated the impact that unexpected events can have on global supply chains,” said Rohit Tandon, managing director and global AI & analytics services leader at Deloitte. “However, AI can help the world avoid similar disruptions in the future.”
Continue reading: https://www.cnbc.com/2022/10/19/how-ai-can-help-companies-manage-the-semiconductor-supply-chain.html
And while the CHIPS and Science Act, signed into law in August, is designed to boost semiconductor manufacturing in the U.S., there’s no telling what effect the legislation will have on supply, or even when.
“The semiconductor supply chain is still constrained,” said Brandon Kulik, semiconductor industry leader and principal at Deloitte Consulting. “Lead times on average have come down slightly, given softening in the consumer electronics segment [laptops and smartphones], and demand for memory has declined. But demand for higher performing data center chips, defense, and automotive chips remains historically high, with some semiconductor companies seeing growth in the area of 40% or more.”
One potential nearer-term solution for companies that rely on semiconductors: advanced data analytics and artificial intelligence tools to help manage supply issues.
“The Covid-19 pandemic vividly illustrated the impact that unexpected events can have on global supply chains,” said Rohit Tandon, managing director and global AI & analytics services leader at Deloitte. “However, AI can help the world avoid similar disruptions in the future.”
Continue reading: https://www.cnbc.com/2022/10/19/how-ai-can-help-companies-manage-the-semiconductor-supply-chain.html
