After enduring a downturn in 2023, the semiconductor industry has been steadily making a rebound. A period of sluggishness due to various economic challenges and supply-chain disruptions appears to be receding, paving the way for a rebound. This is evident from the monthly data on global semiconductor sales from the Semiconductor Industry Association (“SIA”). On Apr 3, SIA reported that global semiconductor sales increased 16.3% year over year in February 2024 to $46.2 billion. This year-over-year growth tr ...