According to Susquehanna Financial Group, global chip lead time fell by four days in September, the biggest drop in recent years, reflecting an easing of chip supply shortages.

The report noted that chip lead times now average 26.3 weeks, compared to nearly 27 weeks a month earlier.

Susquehanna analyst Christopher Rolland said wait times decreased across all key product categories, with power management and analog chips seeing the biggest declines.

SFG: Chip lead time continue to shrink in September-SemiMedia

It is worth mentioning that the supply shortage of industrial and automotive chips still exists, but many consumer electronics chip makers are worried that the chip inventory is too high.