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Gartner expects over $400B in semiconductor sales in 2017

Published 07/11/2017, 09:28 AM
© Reuters.  Gartner expects over $400B in semiconductor sales in 2017
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  • The worldwide semiconductor market will reach $401.4B this year, according to research firm Gartner.
  • The amount represents a 16.8% growth from the prior year and the first time the market has totaled more than $400B.
  • Gartner research vice president Andrew Norwood attributes the growth to a memory shortage that has allowed vendors to increase DRAM and NAND pricing, which in turn increases revenue and margins.
  • The expected 52% revenue growth in the memory market could push Samsung (KS:005930) (OTC:SSNNF, OTC:SSNLF), the world’s largest memory provider, to the top of the market. Intel (NASDAQ:INTC) has held the top slot since 1992.
  • Semiconductor ETFs: SOXL, SMH, SOXX, USD, XSD, PSI, SOXS, SSG, XTH, FTXL
  • Now read: Steam Paints A Different Picture Of Intel, AMD, And Nvidia


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