Forbes July 26, 2024
Global semiconductor sales are on track to hit $1 trillion dollars as early as 2030, analysts reported at the annual Semicon West trade show in San Francisco earlier this month. In agreement were Needham & Co’s Charles Shi and Gartner’s Gaurav Gupta, with Gupta pegging the milestone closer to 2031 to 2032.
Gupta also projects double digit growth for 2024 and 2025, with semiconductor capacity up more than 50% by the end of the decade.
From AI and automotive to the rise of smart spaces and commercial drones, chips are expected to remain in high demand as the forces of autonomy, labor, power and geopolitics shape what’s to come.
With a gap of one million skilled workers needed to staff...
Today's Sponsors
Today's Sponsor