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14 May 202627 Dhuʻl-Qiʻdah 1447 AH
Global Semiconductor Market Expected to Exceed $1.5 Trillion by 2030

Global Semiconductor Market Expected to Exceed $1.5 Trillion by 2030

Taiwan Semiconductor Manufacturing Company forecasts that the global semiconductor market will surpass $1.5 trillion by 2030, driven by the accelerating demand for AI technologies and high-performance computing. This estimate exceeds their previous forecast of $1 trillion. TSMC indicated that AI and advanced computing technologies will account for approximately 55% of the expected market, followed by smartphones at 20% and automotive applications at 10%. This reflects a structural shift in demand sources for semiconductors.

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This summary is generated with AI and receives periodic editorial review. Refer to the original source for full details.

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