According to a new forecast published by Gartner, the global revenues of semiconductor manufacturers could increase by 92% this year, reaching approximately $1,560 billion.
This projection is substantially higher than Gartner’s earlier outlook, which had expected a 64% rise to $1,320 billion.
Timeline and baseline figures
- Semiconductor manufacturers generated $809 billion in revenue last year. Gartner projects that, given the current acceleration, revenue could reach $1,940 billion next year.
- Revenue from semiconductors (chip sales) is also expected to grow: Gartner estimates chip-derived revenue will climb from $589 billion last year to $718 billion this year, and to $864.4 billion in the following year.
Drivers of growth
Gartner analyst Ben Lee points to sustained investments in artificial intelligence infrastructure and rising memory-chip prices as the primary drivers behind the industry’s accelerating growth. These factors are supporting particularly strong expansion in the memory segment.
Memory-specific projections
- Gartner expects revenue from memory chip sales to be $837 billion this year and to increase to $1,075 billion next year.
- The DRAM segment’s revenue is forecast to expand by 246.6% this year.
- NAND flash memory revenue is projected to grow by 371.9% this year.
Why this matters
A surge in demand for memory chips and AI infrastructure can significantly reshape industry revenues, producing substantial near-term gains for manufacturers. The durability of this upturn will depend on continued investment and how memory prices evolve.
(The article is based on Gartner’s forecasts and summarizes figures reported by MTI.)
