Semiconductor Sales Increase 22% Year-to-Year; Projected to Increase 19% in 2024

Summary
Global semiconductor sales surged to a record $56.9 billion in October 2024, up 22.1% year-over-year and 2.8% month-to-month. SIA's revised forecast predicts a 19% annual increase, with sales reaching $626.9 billion in 2024.
Semiconductor Industry Association

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