Published: 06 August 2024
Following an 11.7% decline in 2023, global semiconductor revenue will recover with a substantial growth of 19.2% in 2024 and 16.7% in 2025, crossing the $700 billion milestone in 2025. Memory will lead with 75.1% growth, while nonmemory segments will grow at 7.5% in 2024.
New higher performance GPUs with significantly higher semiconductor content than previous generations will influence the rise in selling prices through 2028.
Driven by the need to optimize data center infrastructure for AI inference, over 50% of workload accelerators will be AI processors by 2028, up from 30% in 2023.
In 2028, AI PCs will account for 85% of the total PC market, up from 9% in 2023.
Semiconductor inventory issues with industrial electronics supply chains will continue until 2027.
Significant updates were made in the discrete GPU revenue forecast, with a total of $97 billion added for the period 2024
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Analysts:
Rajeev Rajput, Alan Priestley, Joseph Unsworth, Jon Erensen, Masatsune Yamaji, Shrish Pant
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