Chip Revenue Heads to US$2.4 Trillion on Price, Not Volume, Yole Says

Analysts at Yole forecast nearly a fourfold rise in semiconductor industry revenue by 2031 with almost unchanged shipment volumes. Price strength, not production capacity, will drive the AI boom.

• Industry revenue to reach $2.4 trillion by 2031
• Silicon shipment volumes will barely grow
• Prices, not capacity, drive growth amid AI
• Memory leads Taiwan growth for seven straight months