Morgan Stanley Says Automotive HPC Semiconductor Market Will Surge 3-Fold in 5 Years, Wafer Foundry and Chip Design Service Providers to Benefit

Published: May 31, 2023 16:54
According to a report released by Morgan Stanley, the automotive HPC semiconductor market will surge three-fold in the next five years.

According to a report released by Morgan Stanley, the automotive HPC semiconductor market will surge three-fold in the next five years.

The overall potential market for wafer foundries in automotive HPC is estimated to be $2 billion this year, and will grow to $6 billion by 2027, with a CAGR of 29%.

At the same time, due to the growing demand for custom design of automotive HPC chips, the cumulative revenue of design service factories will increase by as much as $2 billion in the next 5 years.

More popular news:

Global Key Base Metals Face Supply Glut, Severe Oversupply for Aluminium, But There Is a Global Copper Shortage

BHP Says China's Real Estate Recovery Will Boost Metals Demand

Trafigura Sees Copper Prices Rising to All-Time High on China Economic Rebound and Supply Shortages

The Ban will Not Stop Exports of Key Raw Minerals Copper, Zinc, Iron Ore from Indonesia, But Bauxite Shipments will Stop in June

G7 to Expand Sanctions Covering Metals on Russia, Promises Further Support for Ukraine

A Bull Gold Market Has Just Begun 

SMM Daily Comments (May 24): LME Base Metals Closed with Losses, All Ferrous Metals Dropped with Iron Ore Plunging, Oil Gained Ground as Goldman Sachs Sees Stubborn Shortage from June

SMM Daily Comments (May 29): Base Metals Close Mostly Higher, Ferrous Metals Rose across the Board, Tin and Iron Ore Soar, Markets Eyes on OECD Economic Outlook Report

BofA Sharply Lowers Forecast for Oil Price, Global Oil Consumption in 2023

SMM Daily Comments (May 16): Most Base Metals Prices Closed with Losses, SHFE Nickel, Stainless Steel Plunge, Oil Gained on G7 New Measures, US Strategic Petroleum Reserve Replenishment and Supply Concerns

SMM Daily Comments (May 30): Base Metals Mostly Fell, SHFE Tin Bucked the Trend to Soar, Dollar Surged to New High, Oil Fell As Likely Fed Rate Hike Counteracts Debt Ceiling Agreement

Rio Tinto Warns of Risks for Paying High Premiums for Lithium Mines after Plunging Lithium Prices Triggered Acquisition Rush

Copper Shortage Is Irreparable Even after Biggest Mergers and Acquisitions, Here’s Why

Global Aluminium Inventory to Plunge Further amid Supply Headwinds, LME Aluminium Prices to React Fast

Testing Agency Responds to Great Wall Motor Report on BYD to Chinese Authorities

BYD Denies Rumours after Being Reported to Chinese Authorities, Two Top China Automakers Escalate War

High Lithium Ore Prices in Australia will Drive Lithium Prices Rebound, Reasons Prevent Output to Grow

Goldman Sachs Warns of Serious Risks US Dollar Will Lose Reserve Currency Status on Debt Ceiling Standoff

Goldman Sachs Lowers Price Forecast for Aluminium, Copper in 2023, Sees Nickel Price Plunging

'Bond King' Jeffrey Gundlach Says Sharp Fed Rate Cuts By Year-End Will Push Up Gold Prices

Zinc Prices to Plunge by 2025, Here's Why

World Bank: Global Commodity Prices to Plunge Precipitously This Year at Fastest Speed since Covid Outbreak

Citigroup Warns European Commercial Real Estate Values Will Plummet 40%, But Sees Medium-Term Opportunity

UBS Raises China GDP Growth Forecast, Sees Earnings from China Stock Market Soaring, RMB Appreciating

Sharp Output Cuts Led to Lithium Ore Shortages, High Import Prices Drove Lithium Salt Producers to Shut Down

US Treasury Bill Rates Soar to Record High on Debt Ceiling Jitters

SMM Daily Comments (May 19): LME Metals Rose across the Board, All Ferrous Metals Dropped with Coking Coal Plunging

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Yunnan Miner Announces Auction Prices for Crude Tungsten-Tin Ore
11 mins ago
Yunnan Miner Announces Auction Prices for Crude Tungsten-Tin Ore
Read More
Yunnan Miner Announces Auction Prices for Crude Tungsten-Tin Ore
Yunnan Miner Announces Auction Prices for Crude Tungsten-Tin Ore
[Tungsten News Flash] SMM May 13: On May 12, a Yunnan miner auctioned 730 dmt of crude tungsten-tin ore (WO₃ 2.84%; Sn 2.28%), with final transaction prices of 535,000 yuan/mt for tungsten and 319,800 yuan/mt Sn for tin.
11 mins ago
Tungsten Market in the Doldrums Consolidating at Lows, Tungsten Scrap Stabilized, Industry Policies Providing Support [SMM Tungsten Daily Review]
17 hours ago
Tungsten Market in the Doldrums Consolidating at Lows, Tungsten Scrap Stabilized, Industry Policies Providing Support [SMM Tungsten Daily Review]
Read More
Tungsten Market in the Doldrums Consolidating at Lows, Tungsten Scrap Stabilized, Industry Policies Providing Support [SMM Tungsten Daily Review]
Tungsten Market in the Doldrums Consolidating at Lows, Tungsten Scrap Stabilized, Industry Policies Providing Support [SMM Tungsten Daily Review]
[SMM Tungsten Daily Review: Tungsten Market in the Doldrums Consolidating at Lows, Scrap Tungsten Stabilized, Industry Policies Providing a Floor] SMM May 12: Recently, the tungsten market retreated from highs and continued to be in the doldrums. The price spread between upstream raw material long-term contracts and spot cargo spot orders continued to widen. Long-term contract quotes were repeatedly lowered, but the decline remained smaller than spot market spot order transaction prices. Wait-and-see sentiment was strong in the market, with very few transactions. On May 11, an enterprise in Guangdong canceled its fixed long-term contract pricing for the first half of May and switched to market-based negotiated pricing, shifting pricing power closer to the spot market. This intensified wait-and-see sentiment in the short term while also making raw material pricing more flexible. After a deep decline in the earlier period, scrap tungsten stopped falling and stabilized, rebounding slightly. Suppliers held back from selling at low prices, providing some support to the market.
17 hours ago
Hunan Company Opens Bidding for 700 Tons of Bismuth Concentrate, Deadline May 13
May 12, 2026 09:29
Hunan Company Opens Bidding for 700 Tons of Bismuth Concentrate, Deadline May 13
Read More
Hunan Company Opens Bidding for 700 Tons of Bismuth Concentrate, Deadline May 13
Hunan Company Opens Bidding for 700 Tons of Bismuth Concentrate, Deadline May 13
SMM, May 12 – According to an official announcement from a Hunan-based company, bidding for the sale of 700 physical tonnes of bismuth concentrate under its May 2026 production begins today. The registration and bidding deadline is 15:30 on May 13. The final settlement quantity will be based on actual on-site weighing. This 700‑tonne batch is currently stored at the company’s warehousing centre. According to the official announcement, only one bidding session will be held for the full 700 physical tonnes, with the settlement quantity determined by actual sampling and weighing on site.
May 12, 2026 09:29
Morgan Stanley Says Automotive HPC Semiconductor Market Will Surge 3-Fold in 5 Years, Wafer Foundry and Chip Design Service Providers to Benefit - Shanghai Metals Market (SMM)