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Top News In Global Chip Market Today - Breaking & Trending Today

Taiwan Semi Leads While China's SMIC Climbs to Third in Global Chip Market

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is the world’s leading foundry by revenue in the first quarter. China’s State-backed SMIC, or Semiconductor Manufacturing International Co, held a market share of 6% in the first quarter, up from 5% last year. This growth places SMIC behind only TSMC and South Korea’s Samsung Foundry, which held 62% and 13% of the market share, respectively, CNBC cites Counterpoint. Also Read: ASML and Taiwan Semi Prep for Potential China-Taiwan Conflict with Remo ....

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Global chip market forecast to grow to record $588 bil. in 2024

The global semiconductor market is expected to grow 13.1 percent in 2024 to a record $588.36 billion, following a slump this year, thanks to growing demand for chips used for artificial intelligence, according to a forecast by an industry organization. ....

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Global chip market to recover in 2024 with 20% annual growth, Auto News, ET Auto

Global Chip Market: With the global demand for artificial intelligence (AI) and high-performance computing (HPC) exploding, coupled with the stabilising demand for smartphones, personal computers, infrastructure, and resilient growth in automotive; the semiconductor industry is expected to usher in a new wave of growth, according to IDC s latest research. ....

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China's Ambitious $41 Billion Semiconductor Fund Signals Intent to Boost Chip Industry

This state-backed initiative marks the third installment from the China Integrated Circuit Industry Investment Fund. ....

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Micron to create "ready to ship" semicon chips: President and CEO Sanjay Mehrotra, ET Telecom

Micron: Sophisticated chips are part of everyday life, used in mobile phones, refrigerators, cars and high-tech industries, so fostering local industry with carefully-crafted schemes and policy sweeteners will link India to an ever-growing global chip market. ....

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