The semiconductor market is likely to see at least five consecutive quarter-on-quarter declines from the first quarter of 2022 to the first quarter of 2023. According to WSTS, the semiconductor market declined 0.8% in the second quarter of 2022 compared to the first quarter of 2022. Revenues for the top 15 semiconductor suppliers for the second quarter of 2022 were in line with the overall market results, down 1% from the first quarter of 2022. The companies' results were mixed. Memory suppliers SK Hynix and Micron Technology led the way with revenue growth of 13.6 percent and 11.0 percent, respectively, for the second quarter of 2022. AMD's revenue grew 11.3 percent, primarily due to its acquisition of Xilinx. The worst performers were Nvidia, down 19 percent due to weakness in its gaming business, and Intel, down 16.5 percent due to weakness in the PC market. The outlook for the third quarter of 2022 is also mixed, Semiconductor Intelligence (SI) said. The s
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