Blog: 03/18/24
AI, Auto, Industrial Markets Spurred Rebound in Chip Demand During Second Half of 2023
by Robert Casanova, Director, Industry Statistics and Economic Policy
Semiconductors are the key enabling technology that helps promote innovation in a broad range of products across virtually all segments of our economy. After reaching a record total of $574.1 billion in chip sales in 2022, the chip industry experienced an 8.2% decline in global revenue to $526.9 billion in 2023 due to normal market […]
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