Global Semiconductor Market Expected to Exceed $2 Trillion by 2030, Driven by AI Demand

Semiconductor Equipment and Materials International (SEMI) has revised its forecast, anticipating the global semiconductor market to surpass $2 trillion by 2030. This significant growth is primarily attributed to the escalating demand for artificial intelligence (AI) infrastructure, which is driving investments in advanced logic chips, high-bandwidth memory (HBM), and enterprise solid-state drives (SSDs). The market is expected to exceed $1.5 trillion in 2026.