SortinoMaster @SortinoMaster: "This year’s updated market valuation..."

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This year’s updated market valuation is estimated at US$520 billion, and the upward trend persists. “The outlook for 2024 points to a vigorous upswing in the worldwide semiconductor market, with projections indicating a 13.1% increase, reaching a valuation of US$588 billion,” WSTS’ report reads. The industry growth is expected to be primarily fuelled by the memory sector, which is on track to soar to around US$130 billion in 2024, representing an upward trend of over 40% from the previous year. “The majority of other principal segments, including discrete, sensors, analog, logic, and micro, are also expected to record single-digit growth rates,” WSTS said in its report. From a regional standpoint, all markets are poised for ongoing expansion in 2024. “The Americas and Asia Pacific, in particular, are forecasted to demonstrate significant double-digit growth on a year-over-year (YoY) basis,” WSTS highlighted. Similarly, even SEMI, in partnership with TechInsights, reported in the Semiconductor Manufacturing Monitor that the global semiconductor industry appears to be nearing the end of a downcycle and is expected to begin its recovery in 2024. $MPWR (Monolithic Power Systems Inc) $SMSN.L (Samsung Electronics Co Ltd - GDR) $MU (Micron Technology, Inc.) $SKM (SK Telecom Co Ltd-ADR) $DELL (Dell Technologies Inc C)

5 Mentioned

MPWR

Monolithic Power Systems Inc

SMSN.L

Samsung Electronics Co Ltd - GDR

Micron Technology, Inc.

SKM

SK Telecom Co Ltd-ADR

DELL

Dell Technologies Inc C