Current State of the Industry (Mid-2025) – Summary The semiconductor industry entered 2025 on a strong upswing after a cyclical downturn in 2022–2023. Global chip revenue hit $626 billion in 2024, up 18.1% from the prior year, and is projected to reach a new record of around $705 billion in 2025 semimedia.cc design-reuse.com. This growth…
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