Bank of America: Semiconductor market expected to reach $2 trillion by 2030
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Glonghui, April 9 — According to Bank of America, driven by the accelerated growth of AI computing (NVIDIA, Broadcom, Marvell Technology, with forward P/E ratios between 15x-20x) and the storage/logic sectors, the total semiconductor market size is expected to reach 2 trillion USD by 2030, with a compound annual growth rate of 20%.
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