Bits + chips
Global IC foundry output value to see 5.3% CAGR through 2024, says Digitimes Research
Eric Chen, DIGITIMES Research, Taipei

The global IC foundry industry output value will grow by a CAGR of 5.3% to reach US$75.42 billion in 2024, the final year of a five-year forecast period, driven by chip demand for 5G, AI and HPC applications, according to Digitimes Research.

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