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The global semiconductor market experienced a resurgence in 2024, with AI technology and independent innovation emerging as the dual engines propelling its growth. During the third quarter, global semiconductor revenue surged by 17%, and the operating rate of wafer fabs in mainland China soared above 90%. The surge in demand for AI has significantly bolstered the chip markets across computing power, storage capacity, and transportation capabilities. Additionally, there is a pressing need for independent innovation, particularly in the realms of advanced manufacturing and semiconductor equipment. As AI terminal applications are poised for an explosive growth in 2025, the semiconductor industry is expected to embark on an upward cycle. However, the industry must still navigate challenges such as technological accumulation, price costs, and customer resource acquisition.
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