For context, worldwide semiconductor sales declined between 2018 and 2019, but by 2020, sales grew 6.5%. The rapid growth continued into 2021, and according to trade organisation the Semiconductor Industry Association, sales for May 2021 were 26% higher than the same time last year.
Demands from consumer products weren’t the only factor. By mid-2020 onwards, there was a surge in demand for semiconductor content in the auto industry, driven by the adoption of technologies such as driver assistance systems and autonomous driving. In fact, Intel projects that semiconductors will account for over 20% of the input costs for new premium cars, up from 4% in 2019.
I don't have anything against Aaryn, I just think he isn't a personality fit for the role of CEO - however, he is extremely knowledgeable.
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