Gartner assured that the industry will lose sales of almost US$ 30 billion compared to this year. There are two factors at play: oversupply and its flip side, sluggish demand, and a global economy affected by inflation, rising interest rates and an incipient recession. TSMC will reduce its capital expenditure by 10% in 2022.

The consulting firm Gartner has drastically changed its forecast for the global semiconductor industry's revenue growth for 2023. Last July, it went from predicting a very slight growth of less than 1% compared to 2022, to forecasting a drop of 3.6%.

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Global chip market outlook for 2023 gloomy

MORE ANALYSIS

Big Tech burns free cash flow on AI investments

The combined spending by Amazon, Microsoft, Google and Meta exceeded the cash generated by their core operations by US$100 billion. A situation that is worsening.

Automation in Personal’s mobile access network: initial impacts on site acceptance, balancing and diagnostics

Convergencia identified how AI is being applied in five areas: 2G, 3G, 4G and 5G integration; mobile site acceptance; RAN Sharing; refarming and overlay; and vendor license management.

Smartphone shipments enter increasingly pronounced ups and downs

After strong smartphone sales in the first quarter, the second quarter saw a sharp 6% year-over-year decline, according to Omdia. Samsung benefited from being a memory manufacturer.

Entre Ríos government signs agreement with Salesforce for AI initiatives

A Memorandum of Understanding was signed during an event held at the MiradorTEC Technology Park in the city of Paraná. One of its key areas is the digital and agentic transformation of the provincial government.

Chip industry alert: Helium supply at risk again

The element is critical for the semiconductor industry. Its price has doubled since March due to the war in the Persian Gulf. Global supply is declining.

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