Foundry utilization may drop in Q4

Posted by From the Web

Foundry utilization rates may drop from the fourth quarter of this year through the first quarter of next year amid an inventory pileup at customers, according to foundry sources. Although both Intel and AMD are offering aggressive price cuts, the sources said that the time it takes to clear out PC-use chip inventory will be longer than expected, which is causing the foundries to become more conservative towards demand in the third quarter.

More here at DigiTimes.