Semiconductor sales grew marginally 1.1% in 2022, impacted by macroeconomic factors and supply chain issues

Jan. 28, 2023 1:48 PM ETSMH, PSI, INTC, TXN, AMAT, QCOM, MU, MCHP, XSD, USD, SSNLF, NXPI, SOXX, SSNNF, FTXLBy: Manshi Mamtora, CFA7 Comments

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Worldwide semiconductor revenue increased 1.1% in 2022 to total $601.7B from last year, according preliminary Gartner reports.

Memory was the worst-performing device category, which accounted for around 25% of semiconductor sales in 2022, showed a 10% revenue drop. Nonmemory revenue grew 5.3% in 2022. The strongest growth

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