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We are just weeks from beginning our countdown to 2025. As we prepare for the upcoming holidays, we must plan for the new year.?

Sourceability will be attending Electronica 2024 and bringing its experts on everything Sourcengine! ??

The semiconductor market remains turbulent, with the DRAM and NAND flash sectors affected by weakened consumer electronics sales, cautious enterprise spending, and excess inventory. Efforts to stabilize spot prices are challenged by sluggish demand across the memory sector, while new product lines only add to the surplus problems. In contrast, artificial intelligence is driving rapid growth in the component markets that power its applications. As companies compete to develop more powerful AI platforms, the demand for high-performance computing and memory solutions is set to surge, with generative AI expected to experience tremendous annual growth in the coming years. Taiwan is positioned to benefit the most from this #AIboom. Read the latest industry updates: https://hubs.li/Q02QpvF50 #Sourcengine #industrynews #semiconductormarket

Excess inventory is still a problem for many organizations despite recent bottlenecks for AI components. For companies still grappling with excess inventory, we'll discuss the steps necessary to avoid and mitigate it. Learn more: https://hubs.li/Q02PXwpT0 #Sourcengine #excessmanagement #electroniccomponents #supplychain

Tensions have been building in the trade war between the ???? United States and ???? China. Over the last several years, both nations have passed export restrictions and tariffs to limit the other's access to advanced chipmaking materials or critical elements. The impacts of these #regulations are now beginning to show across the global #supplychain. The availability and price of critical minerals essential to producing specific components are starting to suffer, raising concerns among industry experts. Similarly, the growing number of tariffs on #electricvehicles (EVs) may have wide-reaching effects on the global EV industry. Read more: https://lnkd.in/dxPSzyaW #Sourcengine #industrynews #electroniccomponents

The CHIPS and Science Act has dramatically boosted America’s efforts in creating a domestic semiconductor manufacturing supply chain. Since its passage, the U.S. has seen billions in combined investments by original component manufacturers (OCMs) eager to build new locations or expand existing plants within the States. However, despite its promise to revitalize the United States semiconductor industry, problems have only increased in severity. Get the latest industry updates here: https://hubs.li/Q02Nh8rS0 #Sourcengine #electroniccomponents #industrynews

?? Summer is ending, but the fun’s not over yet. With its offerings, #Sourcengine can help your company get through the jam-packed days of fall and winter.??

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One of the world’s leading semiconductor manufacturers, GlobalFoundries, is navigating choppy waters amid a global labor shortage. As demand for semiconductors grows thanks to rapid advancement in technologies, including artificial intelligence (AI), 5G networks, #machine learning (ML), and the Internet of Things (IoT), the #laborshortage has become a significant bottleneck for component production. This shortage has slowed manufacturing processes and highlighted the critical need for investments in workforce development and training within the semiconductor industry. Simultaneously, the European Commission has expressed concerns over the possibility of a silicon #oversupply. With growing investments in expanding chipmaking facilities, efforts have been made to expand silicon manufacturing. There are now growing fears that the industry might soon face an imbalance of silicon, potentially leading to wasted resources. This dual challenge of labor scarcity and silicon oversupply presents a complex scenario for the industry as chipmakers strive to meet the burgeoning demands of the global market. Get the latest industry updates: https://hubs.li/Q02HnQZc0 #Sourcengine #electroniccomponents #industrynews

As we shift into 2H24, memory components will continue to see significant changes within the semiconductor industry. With their prominent role in artificial intelligence (AI) applications, memory components have been in relatively high demand compared to others. Price fluctuations are expected to continue within memory over the next quarter. Prioritization of high-bandwidth memory (HBM) production could lead to a DRAM shortage. Similarly, demand for solid-state drives (SSDs), another popular component within AI, may also have an identical effect in NAND-flash during late 2024. Get the latest industry updates: https://hubs.li/Q02G9fHk0 #Sourcengine #industry #electroniccomponents #supplychain