A growing body of forecasts from AMD, Nvidia, Broadcom, and major research firms now points toward a semiconductor market that passes the trillion-dollar threshold before the decade closes, driven by an AI infrastructure buildout several times larger than any previous expansion in the industry’s history.
New analysis from Creative Strategies is calling this shift a "giga cycle," arguing that the unprecedented scale of AI demand is restructuring the economics of compute, memory, networking, and storage simultaneously. Global semiconductor revenue was roughly $650 billion in 2024, yet multiple outlooks now place the trillion-dollar mark in 2028 or 2029. AI is responsible for most of that upward revision.
