The chip crunch grows worse as wait time prolongs

While lead times for analog and Broadcom Inc. chips got worse, there are positive signs for power management chips and optoelectronic components, Susquehanna analyst Chris Rolland said in a research note.

NEW YORK: The amount of time it’s taking for chip-starved companies to get orders filled stretched to 21 weeks in August, indicating the shortages that have crippled auto production and held back growth in the electronics industry are getting worse.

Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by six days to about 21 weeks in August from the previous month, according to research by Susquehanna Financial Group.