Teensy 3.2 is not coming back.
Angelo's comment about the financial risk is spot-on, exact for the "small" part. A word like "certain" or "inevitable" would be better.
Just to explain clearly, Teensy 3.2 was already a mature product when the chip shortages hit in mid-2021 and Teensy 3.2 stock ran out by January 2022. Had NXP delivered our orders on time in 2022 (most were already past the 52 week lead time by January 2022, the rest were late by June 2022), or even had they delivered more substantial quantity many months late, we probably could have kept Teensy 3.2 going for several more years. It is the normal life cycle of a tech product under normal circumstance of continuously supply, where "mature" gradually turns into "long tail" as customers with established applications continue buying for many years.
But that's not how things went. NXP delivered pathetic quantities only sporadically from late-2022 throughout all of 2023. Robin and I put a *lot* of work into allocation. Eventually that work turned into direct assistance to help customers migrate to Teensy 4.0, which freed up more of the extremely limited chip supply for those who hadn't migrated, and for occasional retail sale with low quantity limits (we really do care about helping makers). In hindsight, we probably should have put that work into Teensy 4.0 development and just discontinued Teensy 3.2 about 1 year earlier than we did. But that's with the benefit of hindsight. Throughout 2022 and 2023 people at NXP kept promising improvements which didn't come until 2024, which was far too late.
By mid-2023, most customers who had been using Teensy 3.2 in significant volume have moved on to Teensy 4.0 or their own custom PCB using the
T3 bootloader chip or (sadly) other non-Teensy products. Several customers buying less regularly usually at lower volume were left, and some pretty widely used open source projects like
Ornament & Crime were still tightly tied to the Teensy 3.2 hardware, but the long-term commercial damage to Teensy 3.2 was irreversible by early-2023.
I know this is hard to hear. I poured many years of work in Teensy 3.2 (and 3.1 & 3.0 which is evolved from), so believe me I know the pain! It was the first Arduino ecosystem microcontroller to support large non-blocking addressable LED projects in early 2013, and then DMA-based audio in 2015. I truly am sad to see Teensy 3.x go. It was as still is (would be) good on a technical level.
But PJRC is a small company which can't afford to make large financial mistakes, especially at a time when we're still recovering from having gone all-in to keep Teensy 4.0 & 4.1 (mostly) available during the shortages. The sad reality is Teensy 3.2 could have had many more years of "long tail" product lifecycle, had its life not been cut short at the "mature" phase by 2 years of shortages. The simple reality is nearly all customers who probably would have continued buying (in volume needed to keep Teensy 3.2 a viable product) for years to come were forced to move on during those 18 months. I know many people still want small quantities, and even some would probably use it in modest volume, but it's nowhere near enough bring back an already-mature product that has lost virtually all of its sustaining customer base.
Teensy 3.2 is absolutely not coming back.