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  2. Given that Gartner projects the semiconductor inventory index to remain within the surplus zone through 2023, this will put pressure on chip pricing and lead to a slowing market. Gartner is forecasting total worldwide semiconductor revenue to decrease 6.5% in 2023 to $562.7 billion.
    www.gartner.com/en/newsroom/press-releases/20…
    The semiconductor market faced a slowdown in 2023, with a projected 9% decline compared with 2022. The memory market is particularly hard-hit, with a 37% drop, while the logic, analog and discrete markets have remained relatively flat.
    www.eetimes.eu/semiconductor-market-rebound-e…
     
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    2020–2023 global chip shortage - Wikipedia

    Between 2020 and 2023, there was a worldwide chip shortage affecting more than 169 industries, which led to major price increases, long queues, and reselling among consumers and manufacturers for automobiles, graphics cards, video game consoles, computers, household appliances, and other consumer … See more

    The global chip crisis was due to a combination of different events described as a perfect storm with the snowball effect of the See more

    Governments
    On February 24, 2021, U.S. President Joe Biden signed an executive order trying to address the chip … See more

    Impacted industries image

    According to an analysis by Goldman Sachs, at least 169 industries have been impacted by the global chip shortage, with the automotive and consumer electronics industries among the … See more

     
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