2022 semiconductor revenue will grow 7.4% to $639 billion, down from 2021 growth of 26.3%, says Gartner. In 2023, it is expected to fall 2.5%. “We are already seeing weakness in semiconductor end markets, especially those exposed to consumer spending,” says Gartner’s Richard Gordon, “rising inflation, taxes and interest rates, together with higher energy and fuel costs, ...
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