memory market

The global chip market has hit the bottom of this cycle and will rebound next year, with memory poised for growth in the second of 2023 driven by a resurgence in server investments, Soo-Kyoum Kim, Vice President of IDC, predicted in a presentation at SEMI Korea Members Day.

a memory market rebound will help spark a global semiconductor industry recovery poised to take hold in the second half of 2023 after the downturn that came on the heels of the pandemic boom, SEMI and major market research firms projected at Strategic Materials Conference (SMC) Korea 2023.