✉news TechnologySemiconductors first seen 5 h ago, last 2 h ago, peak #16
McKinsey raises 2030 chip market forecast to $2.3 trillion
Original: McKinsey raises 2030 chip market forecast to $2.3T
McKinsey has increased its projection for the global semiconductor market, now forecasting it will reach $2.3 trillion by 2030. The upgraded outlook underscores the accelerating demand for chips driven by artificial intelligence, data centers, and automotive electronics. Analysts and industry watchers are weighing what the larger forecast means for investment, capacity expansion, and competition across the semiconductor supply chain.
Why now: The sharp upward revision of a major consulting firm's chip market forecast signals confidence in surging AI-driven semiconductor demand.
McKinsey & Companysemiconductor industry
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Evidence
- McKinsey raises 2030 chip market forecast to $2.3T · Bits&Chips
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