[DIGITIMES Research:2023 annual global wafer foundry revenue will decline 9.2%] Science and Technology Innovation Board Daily reported on the 1st that in view of the weakening demand for chips, DIGITIMES Research expects the global wafer foundry industry income to decline by 9.2% in 2023. The agency said inventory adjustments in the first half of 2023 took longer than expected and weak chip demand posed a challenge to the global wafer revenue outlook. Eric Chen, an analyst at the agency, stressed that while the AI boom is boosting the high-performance computing (HPC) market, overall demand for contract manufacturers remains weak because of the global economic slowdown.