➀ Future Horizons warns of caution in the semiconductor market, highlighting three red and one amber signal among the four key influences. ➁ The CEO, Malcolm Penn, expresses concern over the narrow foundation of the market 'recovery' and the impact of AI hype. ➂ The company predicts a 15% market rise in 2024, noting challenges such as AI market sustainability and China's potential to flood the market with mature node chips.