Tech and trending reporter with bylines in BBC, Bloomberg, Businessweek, Fortune, Fast Company, Insider, TechCrunch, TIME, VentureBeat, Entrepreneur and Worth magazine. On-air reporting for Fox 5 DC, NBC Bay Area, CBS 8 Las Vegas, NPR KQED and Bloomberg TV & Radio. Named CES 2020 Media Trailblazer. Follow @contentnow on X/Twitter.
Global semiconductor sales are on track to hit $1 trillion dollars as early as 2030, analysts reported at the annual Semicon West trade show in San Francisco earlier this month. In agreement were Needham & Co’s Charles Shi and Gartner’s Gaurav Gupta, with Gupta pegging the milestone closer to 2031 to 2032.
From AI and automotive to the rise of smart spaces and commercial drones, chips are expected to remain in high demand as the forces of autonomy, labor, power and geopolitics shape what’s to come.needed to staff the more than 70 foundries expected to go live over the next few years, SEMI’s Christian Gregor Dieseldorf sees the coming labor shortage as a ticking time bomb.
As countries around the world race to bolster national security and build for economic prosperity, Dieseldorf said billions have already flowed into homeshoring chip manufacturing across China, Japan, India, Spain, Germany, UK, Singapore, Taiwan, Italy, Korea and Malaysia. And despite the US deploying $52 billion from the US CHIPS Act to bring chip production on shore, it might be too little too late for America to gain more than its current 10% market share.
Nvidia Intel Apple Samsung Tech Innovation Chips Qualcomm Sony
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Disgusting': Global 1% Captured $42 Trillion in New Wealth Over Past DecadeJake Johnson is a senior editor and staff writer for Common Dreams.
Read more »
Wealth of global top 1% grew by $42 trillion over past decade: OxfamThe last decade has been very lucrative for the world’s super-rich residents, fueling the drive by some advocates to tax them more.
Read more »
Global Crypto Trading Volume to Surpass $108 Trillion in 2024, Europe Leads With 37.32%Crypto Blog
Read more »
Man arrested after College Area woman wakes up to prowler in her bedroomThe incident happened about 4:40 a.m. on Mary Lane Drive off Campanile Drive, San Diego police said
Read more »
State Street looks to create its own stablecoin: BloombergGlobal financial services firm State Street Corp. is looking into creating its own stablecoin, Bloomberg reported.
Read more »
Saks Global CEO Marc Metrick on the Days AheadSaks Global CEO Marc Metrick Talks the Saks and Neiman Marcus Group merger into Saks Global.
Read more »