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Chip Delivery Times Fall by a Day as Companies See Some Relief

  • Average lead times dropped from 27.1 weeks to 27 weeks
  • Companies like Toyota and Apple have lost sales due to crunch
A 300 millimeter silicon wafer at a semiconductor plant in Dresden, Germany.

A 300 millimeter silicon wafer at a semiconductor plant in Dresden, Germany.

Photographer: Liesa Johannssen-Koppitz/Bloomberg

The delivery times for semiconductors fell by a day in June, a sign of modest relief after chronic shortages that have plagued automakers and other industries for more than a year.

Lead times -- a closely watched gap between when a semiconductor is ordered and when it is delivered -- averaged 27 weeks last month, compared with 27.1 weeks in May, according to research by Susquehanna Financial Group. The measure was also 27 weeks in April.