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Chip sales hit a record in 2022, even as a pandemic shortage turned into a glut

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Chip sales hit a record in 2022, even as a pandemic shortage turned into a glut


Global semiconductor sales managed to rise slightly to a record high in 2022 even as a two-year pandemic-driven chip shortage flipped to a glut about midyear, slowing down sales dramatically. Sales of chips worldwide rose 3.2% to a record $573.5 billion in 2022, from 2021’s total of $555.9…

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