Posted 1/22/2024, 7:17:00 PM
Semiconductor Boom Continues: Strong Demand Across Industries Fuels Major Tech Investments and Growth Forecasts
- Semiconductor sector demand keeps rising, seen in Philadelphia Semiconductor Index's 8.12% weekly growth
- Taiwan Semiconductor Manufacturing forecasts over 20% revenue growth in 2024, signaling strong continued chip demand
- Meta Platforms will acquire 350,000 GPUs by end of 2024, showing Big Tech's commitment to AI investment
- Broadcom is a diversified semiconductor company with networking, data center, and industrial products
- Micron supplies memory and storage chips across computing, mobile, automotive and industrial applications