November 17, 2026
Location
United States
Abstract:
Demand is back, with 82% reporting higher year-on-year demand. The supply chain isn't moving with it.
SEMI, in partnership with McKinsey & Company, benchmarks operational health in its 2026 Semiconductor Supply Chain Survey, covering more than 200 responses from equipment suppliers, materials suppliers, device manufacturers, OEMs, and service providers across the value chain.
The rebound is broad: 88% of suppliers expect revenue growth over the next twelve months. Underneath it, the chain has split.
- Capacity: Over three quarters of sub-7nm respondents report utilization above 90%, with no near-term relief expected.
- Inventory: Downstream, inventories have swung the other way, with OEMs sitting furthest beyond target.
- Lead times: Lead times average 16.4 weeks, 27% above historical norms.
- AI adoption: Intent is outpacing capability. The share with no adoption plan has halved in twelve months, yet 57% still apply GenAI to under a fifth of their supply chain processes, and fewer than three in ten say they have the skills to implement it well.
- Geopolitics: Geopolitics remains the dominant long-term threat for the third consecutive year.
- Shared intelligence: Appetite for a single view of the chain keeps climbing: 71% now rate a unified KPI platform as valuable or very valuable, up from 53%.
Join McKinsey & Company to learn where capacity, lead times, and inventory will be tightest heading into 2027, how peers are using long-term agreements to secure supply, how to close the AI execution gap, and why shared intelligence has become the industry's scarcest input.
Moderator:
Andrew Scott |
Speakers:
Henry Marcil | 
Andrea Ciovati |