Chip shortage turns into chip surplus

According to Reuters on Tuesday, during the epidemic, the shortage of chips affected many industries, from personal computers to automobile manufacturing. However, affected by high inflation in the United States and the conflict between Russia and Ukraine, consumers reduced their spending on personal computers and smartphones. In some industries, the supply of chips exceeded demand. Some experts predict that for some chip manufacturers, the future market prospect may be bleak. The Philadelphia Semiconductor Index, which measures the prosperity of the global semiconductor industry, has fallen 35% so far this year, far exceeding the 19% decline of the P & P 500 index. (video Donghao)