SEMI: chip industry annual revenue hits $1 trillion

The semiconductor industry reached $1 trillion in annual revenue this year, nearly four years ahead of earlier projections. At SEMICON West 2026, SEMI CEO Ajit Manocha showed the 2030 forecast rising from $1 trillion to $2 trillion, with $3 trillion now seen as possible.

• Industry annual revenue topped $1 trillion in 2026
• 2030 forecast raised from $1 trillion to $2 trillion
• SEMI says $3 trillion is now possible
• SEMI CEO Ajit Manocha presented the figures at SEMICON West