Don't get in a semiconductor 'doom spiral' – sector will be back with a bang in 2024

Next year's revenue forecast to surpass the halcyon days of 2022

The outlook for the global semiconductor sector appears worse than feared, at least for the near future, with analyst Gartner now expecting to see revenue decline by 11.2 percent for 2023. Weakened demand is being compounded by an oversupply driving down chip prices, it said....