Nvidia-Led Boom Propels Chip Industry Towards Trillion-Dollar Milestone

• The semiconductor industry is projected to reach $1 trillion in revenue this year, driven by AI and widespread chip adoption.
• Industry sales were $791.7 billion in 2025 and are forecast to surge another 26% in 2026, according to the Semiconductor Industry Association (SIA).
• This milestone is being hit much faster than anticipated, indicating exponential benefits for other sectors, says SIA CEO John Neuffer.
• Colossal demand for new data center computers has fueled growth for chipmakers like Nvidia Corp. and Micron Technology Inc.
• Revenue from logic chips soared 40% to $301.9 billion in 2025, while memory semiconductor sales grew 35% to $223.1 billion.