According to a major new forecast from Bank of America analyst Vivek Arya, the global semiconductor industry is set for explosive growth in 2026. Revenue is projected to soar by 30% year-over-year, pushing the total market size beyond the historic $1 trillion threshold.

The analysis points to AI data centers as the single most powerful growth engine. By 2030, the total addressable market for this segment alone is expected to exceed $1.2 trillion, growing at a compound annual growth rate (CAGR) of 38%. Within this, AI accelerators present a massive $900 billion opportunity, acting as the primary catalyst for the entire semiconductor sector's expansion.

The forecast addresses the enormous capital expenditures currently being made by major tech companies in AI. Arya characterizes these investments as both "offensive" and "defensive" – essential for companies to secure a technological edge and protect their core business in a fiercely competitive landscape. This spending trend is predicted to continue fueling robust demand across the semiconductor supply chain.

ICgoodFind's Insight
The bullish trillion-dollar forecast for 2026 underscores that the AI investment supercycle is fundamentally and durably reshaping the semiconductor market. It signals a prolonged period of high demand, particularly for components powering data center infrastructure.