Editing Gate array (section)

=== Decline ===
While the market boomed, profits for the industry were lacking. Semiconductors underwent a series of rolling [[List of recessions in the United States|recessions]] during the 1980s that created a boom-bust cycle. The 1980 and 1981–1982 general recessions were followed by high-interest rates that curbed capital spending. This reduction played havoc on the semiconductor business, which at the time was highly dependent on capital spending.  Manufacturers desperate to keep their fab plants full and afford constant modernization in a fast-moving industry became hyper-competitive. The many new entrants to the market drove gate array prices down to the marginal costs of the silicon manufacturers. Fabless companies such as LSI Logic and CDI survived on selling design services and computer time rather than on production revenues.<ref name=":1" />

As of the early 21st century, the gate array market was a remnant of its former self, driven by the FPGA conversions done for cost or performance reasons. IMI moved out of gate arrays into mixed-signal circuits and was later acquired by Cypress Semiconductor in 2001; CDI closed its doors in 1989; and LSI Logic abandoned the market in favor of standard products and was eventually acquired by Broadcom.<ref>{{Cite web|url=http://www.computerhistory.org/siliconengine/companies/|title=Companies|work=The Silicon Engine|publisher=Computer History Museum|access-date=2018-01-28}}</ref>