AIAxios Techabout 2 hours ago
AI Demand Tests U.S. Factory Paces
2 min read
U.S. factory output expanded in October as AI-related demand strained supply chains and pushed prices up. The Institute for Supply Management index rose to 55.5, while S&P Global's gauge dipped to 54.9. Hiring accelerated to its fastest pace in more than five years, yet manufacturers face rising costs and longer lead times for semiconductors.
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