Inventory & Macro Mar Solid 2024 Outlook for Semiconductors
ADIAnalog Devices(ADI) Zacks Investment Research·2024-04-23 00:06

This year is likely to be much better than the last for the semiconductor market as a whole, as inventories in the computing and smartphone markets (two of the biggest chip consumers) were worked down in second-half 2023. The World Semiconductor Trade Statistics (WSTS), which supplies data to the Semiconductor Industry Association (SIA), is projecting double-digit growth in semiconductors this year on the back of a 40% jump in memory demand. Discrete, sensors, analog, logic and micro are also expected to gr ...