Global Semiconductor Equipment Sales Forecast to Reach Record $229 Billion by 2028, Driven by AI Demand

SEMI reports that global sales of semiconductor manufacturing equipment are projected to reach a record $165.9 billion in 2026, a 23.2% year-on-year increase. This growth momentum is expected to continue, with total equipment sales forecast to hit $229.5 billion by 2028, marking five consecutive years of growth. The strong outlook is primarily attributed to AI-driven demand, which is reshaping investment in semiconductor manufacturing, including advanced-node capacity buildouts for AI accelerators and high-performance computing.