It is a market like no other – massive surpluses in some product lines, shortages, allocations and long lead-times in others.
Sourcengine reports on the state of the various market segments at:
https://uploads-ssl.webflow.com/5d9b70c4eaeaab81c4549980/6466734ac75e34805af6a8d5_Q2_LeadTime_2023.pdf?utm_campaign=Sourcengine_LTR_2023&utm_medium=email&_hsmi=260619133&_hsenc=p2ANqtz-_FdmjhtSVEH3lLSxQZHYPOI9TzGOIMbMCDT3LvAnKUBULNhGhKlUuM5YFSvbSqFBj7BXxZSzk4T1hJ-EGn-wyMaBUpxw&utm_content=ltr_Q2_LTR_2023_Americas_button&utm_source=hubspot
The memory manufacturers have seen monumental drops in sales while, despite weak consumer demand, some products remain on allocation.
The peculiarity of the semiconductor market has seen some unusual results in the stock market – logically, with weak demand, semi stocks should be falling, but in fact the SOX is up 39% on the year.
This has resulted in traders who’ve been betting against semi shares by selling them short have lost 92 cents for every dollar they’ve invested, says S3 Partners LLC.
Collectively, the short sellers’ losses are over $18 billion.
