Gartner Says Worldwide Semiconductor Revenue Declined 11% in 2023
Worldwide semiconductor revenue in 2023 totalled $533 billion, a decrease of 11.1% from 2022, according to preliminary results by Gartner, Inc. "While the cyclicality in the semiconductor industry was present again in 2023, the market suffered a difficult year with memory revenue recording one of its worst declines in history. The underperforming m