NEW DELHI--May 1, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Semiconductors, often called the "bedrock of modern technology," have garnered significant interest amid rapid technological advancements and increasing demand for electronic devices. They continue to play a critical role in powering a wide range of devices like smartphones, computers, automotive systems, aerospace equipment and industrial machinery. They include memory modules, microprocessors and integrated circuits found in a wide range of devices used in day-to-day life. According to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database, this year, major companies are investing in the manufacturing of latest generation silicon microprocessors such as new "Foveros" technology microchips, light-emitting diode (LED) products, semiconductor packaging and testing equipment with chip sizes ranging from 4 nanometers (nm) to 28 nm.