The Semiconductor Industry Association (SIA) projects global semiconductor sales will approach $1 trillion by 2026.
Market revenue is expected to reach $791.7 billion in 2025, representing a 25.6% year-over-year increase. High demand for artificial intelligence, IoT, and autonomous driving technologies drives this growth.
This expansion benefits memory and storage producers like SanDisk, which recorded significant stock gains over the past year. Memory products currently rank as the second-largest sales category within the semiconductor market. Rising demand for data centers and AI infrastructure continues to underpin the sector's performance.