Nvidia-Led Boom to Turn Chips Into Trillion-Dollar Industry (1)

The semiconductor industry will reach $1 trillion in revenue this year for the first time ever, fueled by artificial intelligence and the spread of computer chips to virtually every part of the economy.

Total industry sales were $791.7 billion in 2025 and are forecast to chalk up another 26% surge in 2026, according to the Semiconductor Industry Association. The market is hitting the $1 trillion milestone much faster than originally anticipated — something that bodes well for the business world at large, according to SIA Chief Executive Officer John Neuffer.

“When we have growth in our sector, it ...