Does the Global Economy Matter for Semiconductors?
ABSTRACT
The global economy continues to be buffeted by shocks, but remains resilient in the face of those shocks. Semiconductors similarly remain resilient, with leading edge products performing at or near record rates of growth. Both the economy and the semiconductor industry have relied to a great extent on AI-related investment. The talk will examine the global economic outlook and risks to the economy that might impact the outlook for key semiconductor markets and, ultimately, the outlook for semiconductors.
BIOGRAPHY
Duncan Meldrum is a business economist who specializes in economics applications and forecasting for clients in the electronic materials, semiconductor equipment, and manufacturing industries. He develops the monthly economic and semiconductor forecasts for SEMI’s “Econometric Semiconductor Forecast”. Before establishing his own firm, Hilltop Economics, Meldrum was the director of the Center for Forecasting & Modeling at IHS Global Insight (now part of S&P Global). He was the chief economist of Air Products and Chemicals, Inc. for twenty years prior to his move to IHS.
He is a past president and Fellow of the National Association for Business Economics (NABE) and holds the Certified Business Economist™ designation. He is a member of the National Business Economic Issues Council, Harvard Industrial Economists Discussion Group, the Conference of Business Economists, and the American Economic Association. He sits on the board of the APCI Federal Credit Union. Meldrum has a PhD in Business & Economics from Lehigh University, a MS in Operations Research from the US Naval Postgraduate School and a BS from the US Naval Academy. CBE™ and Certified Business Economist™ are certification marks owned by the National Association for Business Economics.