The semiconductor industry has been in the doldrums since late-2022. There was a sharp surge in demand for microchips that occurred during the pandemic years of 2020 to 2022. As demand normalised, global semiconductor sales decreased by 8.2% year on year to US$526.8 billion in 2023 after hitting a peak of US$574.1 billion in 2022, […]

source: https://thefinance.sg/2024/04/16/4-singapore-semiconductor-stocks-that-could-explode-when-the-industry-recovers/