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Weekly Newsletter Semiconductor Industry News -
December 2023 Update Competition Heats Up as
Demand Returns
CHIP INDUSTRY WITNESSING TRUE TURNAROUND WITH
STRONG EXPECTATIONS FOR 2024
According to a Semiconductor intelligence
report, the global chip market is expected to
grow by 16 in 2024. This figure sits on the
higher end of a range of 9 to 20 offered by
many analysts in the industry. IDC has one of
the most positive outlooks, projecting a 20
surge next year. Even so, 2024 appears to be a
bright year for the semiconductor industry. With
chips continuing to increase their role in every
aspect of daily life, maintaining a robust
supply chain and minimizing shortages and gluts
remains paramount. It will be interesting to see
whether analyst predictions pan out and which
sectors thrive in 2024.
According to many analysts, the chip industry is
poised for a strong year of growth in 2024 after
overcoming difficult circumstances hampering the
market in 2023 and the year prior. While next
years anticipated growth is undoubtedly good
news for the industry, not all chip makers
should expect to realize the benefits equally.
MICROSOFT LAUNCHES TRANSFORMATIVE AI, CLOUD
SERVER CHIPS FOR AZURE With nearly 5,000 people
attending onsite and another hundred thousand
tuned in online, Microsoft unveiled two new
chips and integrated systems at Microsoft Ignite
2023 designed to meet the demand for scalable,
efficient, and sustainable computing power in
the age of artificial intelligence (AI)
ASIA IS MOVING TO INCREASE DOMESTIC CHIP
CAPABILITIES - DECEMBER 1, 2023
RAPIDUS IS JAPANS BEST CHANCE AT REVITALIZING
DOMESTIC CHIP PRODUCTION
In Japan, Rapidus is an exciting startup that
aims to revamp the nations domestic industry
and jumpstart 2nm chip production as soon as
2025. Meanwhile, China is navigating a sweeping
list of trade restrictions by purchasing more
chipmaking equipment to advance its
manufacturing capabilities.
The entire world is working to expand chip
production and turn out more advancedsemiconducto
rs. Unsurprisingly, Asia is investing heavily in
both chip innovation and manufacturing as it
seeks to fend off a fresh wave of competition
from the U.S. and Europe.
Be grateful everyday.
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wEEKLY NEwSLETTER
DEC 2023
We look forward to additional projects being
funded and stand ready to continue working with
Commerce Department leaders to ensure the CHIPS
and ScienceAct reinvigorates U.S. semiconductor
production and innovation for years to come.
Commerce Department Announcement Marks Milestone
in CHIPS Implementation
Todays represents milestone
announcement an important on the path to
We applaud Secretary Raimondo and the CHIPS
Program Office team for working diligently to
begin getting CHIPS incentives out the door.The
CHIPS Acts manufacturing incentives have
already sparked substantial investments in the
U.S. In
Totaling more than 200 billion in private
investments
since the CHIPS Act was introducedThese
announced projects will create more than
40,000 jobs in the semiconductor ecosystem and
support hundreds of thousands of additional U.S.
jobs throughout the U.S. economy.
fulfilling the tremendous
promise of the CHIPS and
Science Act and reinforcing Americas national
security, critical supply chains, and the
economy.
fact, companies in the semiconductor ecosystem
have announced dozens of new projects across
America
SIA Statement on the Advancement of U.S.-
Taiwan Tax Legislation
We urge the House and Senate to take up and pass
this critical legislation. Doing so will bolster
the competitiveness of semiconductor companies
in both the U.S. and Taiwan and support the
significant investments being made in the U.S.
semiconductor industry following the passage of
the CHIPS and Science Act. A tax agreement
between the U.S. and Taiwan is an essential
component to the success of the new law
The Semiconductor Industry Association (SIA)
today released the following statement from vice
president of government affairs David Isaacs in
response to congressional action last week to
advance legislation to resolve double taxation
and other tax matters between the U.S. and
Taiwan.
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Be grateful everyday.
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wEEKLY NEwSLETTER
DEC 2023
Global Semiconductor Sales Increase 3.9
Month-to-Month in October Annual Sales
Projected to Increase 13.1 in 2024
Monthly sales are compiled by the World
Semiconductor Trade Statistics (WSTS)
organization and represent a three-month moving
average.SIA represents 99 of the U.S.
semiconductor industry by revenue and nearly
two-thirds of non-U.S. chip firms.
The Semiconductor Industry
Association (SIA) today announced
global semiconductor industry sales totaled
46.6 billion during the month of October 2023,
an increase of 3.9 compared to the September
2023 total of 44.9 billion but 0.7 less than
the October 2022 total of 46.9 billion.
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AMD inaugurates its largest global design centre
in India
ASIA'S LARGEST TECH SUMMIT BENGALURU TECH SUMMIT
2023
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Be grateful everyday.