Gartner Information Technology Research

Forecast Alert: 2020 Semiconductor Revenue Downgraded by $55 Billion Due to COVID-19 Impact

Published: 26 March 2020

ID: G00723621

Analyst(s): Gaurav Gupta , Masatsune Yamaji , Jon Erensen , Roger Sheng , Andrew Norwood , Ben Lee


COVID-19 has distorted supply chain and manufacturing operations across the world. It will lead to a drastic drop in consumer and enterprise spending across most areas with a few exceptions. Worldwide semiconductor revenue for 2020 will drop by $55.0 billion from our 4Q19 estimates.

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