Gartner's results revealed that global semiconductor revenues will reach $626 billion in 2024, an 18.1 percent increase compared to 2023. It is expected to reach $705 billion in 2025.
Data center semiconductor revenue is projected to reach $112 billion in 2024, up from $64.8 billion in 2023.
The positive performance of the entire market impacted the ranking of a number of semiconductor providers, with 11 of them experiencing double-digit growth, while only 8 of the top 25 semiconductor providers recorded a decline in revenue in 2024.
Source (Al-Khaleej Emirati Newspaper, Edited)