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

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