Collateral Damage In Semiconductor Supply Chains

The semiconductor industry is in a paradoxical position, contributing to greenhouse gas emissions and playing a critical role in green transition. What role will market & consumer choices play?

Semiconductor demand is skyrocketing, and the industry is booming accordingly. The global market for semiconductors is set to reach about $1 trillion by 2030, driven by demand in wireless communication and computing, automotive, and industrial sectors. Economic data shows that the semiconductor industry is the second-most profitable in the world and accounts for the second-highest amount of R&D spending-contributing to the creation of many highly skilled jobs.

Artificial intelligence accelerator chips (chips designed to work with neural networks and machine learning) will grow by approximately 18% every year ¹. Semiconductors are a crucial component of AI as they provide the hardware for the complex computations that AI applications undertake; however, the inherently