Will 2024 Be a Turning Point for the Semiconductor Industry?

[Image] On November 28, the World Semiconductor Trade Statistics (WSTS) organization released its latest forecast for the semiconductor market. Due to the widespread adoption of generative AI, there has been a significant increase in demand for related semiconductor products, and the demand for memory is expected to see a substantial recovery. As a result, the global semiconductor sales forecast for 2024 has been revised upward from the previous estimate of $575.997 billion (on June 6) to $588.364 billion…

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