Cowan predicts $342 billion semi market

Mike Cowan reckons the semiconductor market will hit $342 billion this year, a rise of 11.9% on 2013, and that it will grow another 4.7% to $358 billion in 2015.

Cowan predicts quarterly revenues of, successively, $81 billion, $83 billion, $90 billion and $88 billion in 2024, with every quarter showing a double digit gain on the same quarter last year.

We won’t start getting $90 billion plus quarters until Q3 2015 with the 2015 rounding out with a $94 billion Q3 and a $92 billion Q4.

Tags: Mike Cowan, Semiconductor market

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