Global Semiconductor Revenue Surges 31% to Record $425B in Q2 – Omdia

According to Omdia, global semiconductor industry revenue grew 31% year over year in the second quarter to a record $425 billion. Growth was driven by demand for AI and data center chips.

• Quarterly industry revenue hit a record $425 billion
• 31% year-over-year growth according to Omdia
• Main driver is demand for AI accelerators and server chips