Demand for Chips Will Keep Growing: GlobalFoundries CEO

The video discusses the semiconductor industry's efforts to meet growing demand by increasing capacity. It highlights the significant investments being made, such as a $6.5 billion plan to boost output by 1.6 times by 2023. The industry, valued at half a trillion dollars, is expected to double in size over the next 8-10 years due to the pervasive use of semiconductors in society. Despite concerns about overcapacity, the analysis suggests that demand will continue to outpace supply, necessitating further capacity expansion.

What is the main challenge faced by the semiconductor industry in the next four to five years?

• Environmental regulations

• Increasing capacity to meet growing demand

• Decreasing demand

• Lack of skilled workforce

What is the financial commitment made to increase semiconductor output by 2023?

• Eight billion dollars

• Four billion dollars

• Three billion dollars

• Six and a half billion dollars

How much is the semiconductor industry expected to grow in the next 8 to 10 years?

• It will remain the same

• It will triple in size

• It will decrease by half

• It will double in size

Why is there a consensus that the semiconductor industry will continue to grow?

• Semiconductors are becoming obsolete

• Government regulations are reducing demand

• Semiconductors are integral to modern society

• There is a lack of innovation in the field

What is the expected growth rate of capacity in the semiconductor industry over the next five years?

• Mid to high single digits

• Double digits

• Low single digits

• No growth