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Demand fell off off a cliff.
by BMc2020 3y ago
Demand fell off off a cliff.
- missedthecue 3y agoaccording to Patrick Gelsinger, CEO of Intel, demand for semiconducters grows at 5% per year. Covid drove demand to "twenty-plus percent" https://youtu.be/mV0ek-i9C8U?t=105 https://youtu.be/mV0ek-i9C8U?t=105 I believe he of all people would have an adequate pulse on the industry during that time.
- BMc2020 3y agoSemiconductor Sales 2017 419 billion 2018 468 billion 2019 418 billion 2020 439 billion 2021 555 billion 2022 573 billion Do you see the cliff? (hint: 2019) Source: Lived through it