ISTANBUL
Global growth in semiconductor sales is expected to slow in 2025, according to research firm Gartner, which reported this on Monday.
Gartner forecasts an 18.8% increase in semiconductor sales for 2024, reaching $629.8 billion, followed by a 13.8% rise in 2025 to $716.7 billion.
In 2023, chip sales dropped 11.7% year-over-year to $530 billion.
Rajeev Rajput, a senior principal analyst at Gartner, attributed the current upswing to artificial intelligence, stating, “The growth is fueled by sustained demand for AI-related semiconductors and a rebound in electronics production.”
He also noted that demand from the automotive and industrial sectors remains weak.
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