Deloitte has new views on chips.
Deloitte has new views on chips.
Categories

Chip industry could grow 13% in 2024 | Deloitte

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

After a weak year where sales fell 9.4% to $520 billion in 2023, the chip industry could see a strong rebound with 13% growth to $588 billion in 2024, Deloitte predicted.

The semiconductor industry is known for its cyclical nature, but making predictions is always tough. Deloitte said in its new global semiconductor industry outlook that the industry is poised for a comeback in 2024.

Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks. 

Join now →

Sign in to your account.

Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.