✉news TechnologySemiconductors first seen 8 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

Consultancy McKinsey has raised its forecast for the global semiconductor market, projecting it will reach $2.3 trillion by 2030. The upgraded estimate reflects expectations of continued strong demand for chips, driven by artificial intelligence, data centres and expanding electronics production. The semiconductor industry has repeatedly outperformed earlier predictions in recent years, prompting analysts to lift their long-term projections.

Why now: Analysts are updating long-term semiconductor forecasts as AI-driven demand keeps exceeding expectations

McKinseysemiconductor industry

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• McKinsey raises 2030 chip market forecast to $2.3T · Bits&Chips

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