NEEDHAM, MA – Global spending on GenAI solutions will reach nearly $16 billion in 2023 and is projected to reach $143 billion in 2027, according to an IDC report.

NEEDHAM, MA – The downward spiral for PC shipments continued during the third quarter, as global volumes declined 7.6% year over year with 68.2 million PCs shipped, according to preliminary results from IDC's Worldwide Quarterly Personal Computing Device Tracker.

MILPITAS, CA – Printed circuit board and multichip module design software revenue increased 6.3% in the second quarter to total $369 million, according to the ESD Alliance's latest Electronic Design Market Data (EDMD) report. The four-quarter moving average for PCB and MCM, which compares the most recent four quarters to the prior four, rose 11.7%.

WASHINGTON – Global semiconductor industry sales totaled $44 billion in August, an increase of 1.9% compared to July's total of $43.2 billion but 6.8% less than the August 2022 total of $47.2 billion.