Representatives Wells Fargo have already taken the liberty of making forecasts for the development of various segments of the semiconductor components market not only for the current year, but also for the next year, albeit enlarged. In their opinion, the memory market will grow by 69% this year, and next year growth will slow down to 15%. Against the backdrop of such dynamics, Micron shares, according to experts, can become an attractive investment target.
Image source: Micron Technology
The market for semiconductor products as a whole, according to Wells Fargo analysts, will grow by 17% this year to $645 billion, and next year by another 11% to $718 billion. This year, the segment of central processors for server applications will add 33%, and the server memory will immediately double your core revenue. However, against the background of a decline in the server processor market by 34% in the first three quarters of last year, such dynamics only promise that demand will approach previous levels. The server systems market as a whole declined by 21% over the same period.
2024-01-06 06:36:00
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