Semiconductor Industry – Market PerspectiveDue to a year of tremendous change, we see an unprecedented situation where semiconductor deals are made in the $100bn range. 2020 has set a record global M&A activity, with a value of $118bn, mainly fueled by sizable transactions such as Analog Devices/Maxim and Nvidia/ARM. The consolidation movement within the semiconductor industry is continuing in 2021 and the semiconductor landscape is changing rapidly.