Semiconductor Industry Reaches $1 Trillion Milestone as SEMICON West 2026 Kicks Off

The global semiconductor industry has achieved a historic $1 trillion in annual revenue in 2026, four years ahead of earlier forecasts, primarily driven by the surging demand for AI infrastructure. This milestone was announced at the opening of SEMICON West 2026 in San Francisco, where industry leaders discussed aggressive growth trajectories and the expansion of fabrication plants, with 102 new fabs expected to be operational by 2029.