Broadcom Inc. (AVGO) in San Jose, Calif., designs, develops and supplies various semiconductor devices focusing on complex digital and mixed-signal complementary metal oxide semiconductor-based devices and analog III-V-based products worldwide. In comparison, Analog Devices, Inc. (ADI) in Wilmington, Mass., designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies.
The semiconductor chip industry has faced severe supply chain issues since the COVID-19 pandemic. In the face of overwhelming demand, lingering logistical disruptions continue to hinder optimal chip production rates. However, given the gradual resumption of economic activities and supportive federal policies like the CHIPS Act, productivity is expected to improve in the coming quarters. Qualcomm Inc.’s (QCOM) CEO Cristiano Amon said, “We still have more demand than supply, but we’re starting to see in the second half of 2022 a more balanced equation. I think as we enter 2023, we’re going to get out of the crisis.”
