High demand, policy support, and corporate investments to ramp up production helped the semiconductor industry register an 18% rise in sales globally in May 2022. In the Americas, sales were up 36.9% year-over-year.
Though the Russia-Ukraine conflict and tensions related to Taiwan between China and the United States continue to affect the supply chain, the growing demand and development of advanced chips with lower latency and power consumption should allow the industry to stay afloat.
