World Chip Sales Return to Growth in Sign of Improving Demand
- Chip revenue posts first year-on-year growth since Aug. 2022
- Recovery among chip makers may be uneven as demand returns
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Global chip sales rose for the first time in more than a year in the latest indication of demand starting to rebound on the back of emerging technologies such as artificial intelligence.
Semiconductor revenue worldwide amounted to $48 billion in November last year in a 5.3% increase from a year earlier, according to the Washington-based Semiconductor Industry Association. From a month earlier, sales rose 2.9%, a more moderate increase compared with October.