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The semiconductor industry is the aggregate of companies engaged in semiconductor devices, such as transistors and integrated circuits. It formed around 1960, once the fabrication of semiconductor devices became a viable business.
A growing, globally competitive U.S. semiconductor industry requires a skilled workforce, including highly educated engineers and scientists, well-trained technicians, and others.
May 28, 2024 · The global semiconductor industry is expanding production capacity to support the proliferation of AI and a diverse range of disruptive technologies and emerging applications, with a robust 103 new fabs expected to come online between 2023 and 2027, as the most recent SEMI World Fab Forecast report highlights.
Apr 1, 2022 · The semiconductor industry is expected to grow from $600 billion to $1 trillion by 2030, driven by demand from automotive, computation, and wireless segments. McKinsey analyzes the trends, challenges, and strategies for manufacturers and designers in this vital sector.
In 2022, with the importance of semiconductors to the global economy continuing to grow, the semiconductor industry has worked tirelessly to speed the pace of innovation and ramp up production.
Semiconductors are an essential component of electronic devices, enabling advances in communications, computing, healthcare, military systems, transportation, clean energy, and countless other applications.
WASHINGTON—May 7, 2023—The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors totaled $137.7 billion during the first quarter of 2024, an increase of 15.2% compared to the first quarter of 2023 but 5.7% less than the fourth quarter of 2023.
