Worldwide semiconductor revenue is forecast to total 401.4 billion dollar in 2017, an increase of 16.8 percent from 2016, according to Gartner. This will be the first time semiconductor revenue has surpassed 400 billion. The market reached the 300 billion milestone seven years ago, in 2010, and surpassed 200 billion in 2000. “A shortage of memory is creating a boom in the overall semiconductor market – said Andrew Norwood, research vice president at Gartner -. Memory vendors have been able to increase their price for DRAM and NAND, driving revenue and margins higher”.