Global chip sales growth to slow in 2025

ISTANBUL

Semiconductor sales growth will ease globally in 2025, research firm Gartner said on Monday.

It predicted that growth in semiconductor sales will jump 18.8% in 2024 to $629.8 billion but 13.8% in 2025 to $716.7 billion.

Chip sales fell 11.7% in 2023 on a yearly basis to $530 billion.

Rajeev Rajput, senior principal analyst at Gartner, attributed the current surge to artificial intelligence, saying: “The growth is driven by a continued surge in AI-related semiconductor demand and recovery in electronic production.”

"Demand from the automotive and industrial sectors continues to be weak," he added.