To help you understand what is going on in the technology sector in the U.S. and around the world, and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest…
As semiconductor sales rebound next year, look for a frenzy of innovation that’s fueled by fierce competition, hefty investment by chip firms and governments, and rapid manufacturing advances.
A big driver of sales: Artificial intelligence, especially generative AI tools that can compose text, write computer code, create images and much more. Global semiconductor sales will rise 13% in 2024 versus 2023, hitting $590 billion, per estimates by World Semiconductor Trade Statistics. That comes after this year’s 9% decline.
