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  • Global Chip Sales Expected to Grow This Year Due to Increased Demand for AI and Automotive Chips

Global Chip Sales Expected to Grow This Year Due to Increased Demand for AI and Automotive Chips

Seraphina Blair 604 05/03 2024-03-05 15:01:04

Recently, the Semiconductor Industry Association (SIA) of the United States pointed out that global chip sales are expected to grow by 13.1% this year, mainly driven by the increasing demand for artificial intelligence (AI) chips and the stable growth of automotive chip demand. The SIA stated that despite the decrease in total semiconductor sales last year, sales are expected to rebound this year as the market recovers.

SIA President John Neuffer believes that the global semiconductor market outlook is strong, particularly in the field of artificial intelligence.

Additionally, SIA's Director of Industry Statistics and Economic Policy, Robert Casanova, mentioned that although the automotive chip market started slowly, it is still expected to achieve a 6% growth.

Various signs indicate that the chip industry is recovering, showcasing potential growth opportunities in the fields of artificial intelligence and automotive.

SeraphinaBlair

Email : daenorthugh@gmail.com

Seraphina Blair graduated from the University of California, San Diego with a bachelor's degree in electrical engineering, followed by a bachelor's degree in editing and a master's degree in linguistics. Seraphina Blair has held positions as an electronics engineer and has gained extensive experience in electronic equipment repair and troubleshooting. As a veteran electronics professional, Seraphina Blair is committed to providing reliable guidance and support to readers of the Jak electronics community.

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