The semiconductor sector’s profits are climbing, both absolutely and relative to other industries, and show no signs of slowing. The sector saw aggregate profits escalate from $3.5 billion in 2000–04 to $49.3 billion 2016–20. In future, we estimate that semiconductors could be the world’s third-most profitable industry.
To read the article, see “Value creation: How can the semiconductor industry keep outperforming?,” October 15, 2021.