The semiconductor foundry industry is grappling with the impact of a global economic downturn and subdued demand in key sectors like PCs, smartphones, and consumer electronics in the second quarter of 2023, as reported by Counterpoint.

Sectors like automotive and industrial applications also displayed signs of softness but continue to exhibit relative resilience. On the other hand, there's robust demand in the artificial intelligence (AI) sector.

This post is for subscribers only

Sign up to read the post and as well as all other member only posts. Subscribing only takes a few seconds and will give you immediate access.
Subscribe now