SEMI CEO Sees $3 Trillion Chip Industry by 2035

· Tech

SEMI President and CEO Ajit Manocha told DigiTimes in an exclusive interview at SEMICON West that the semiconductor industry could reach US$3 trillion by 2035. He said the sector hit the US$1 trillion revenue milestone several years earlier than originally forecast, and that growth driven by AI and quantum computing makes US$2 trillion by 2035 entirely achievable — with further upside beyond that. Manocha framed trusted partners as a force reshaping the supply chain as the industry scales. The comments offer a long-range demand signal from the trade body that represents chip equipment and materials suppliers, suggesting the current AI-led investment cycle is expected to extend well beyond the next few years.

Why it matters：A trade body forecasting a multi-trillion-dollar chip market signals that AI-driven capacity and equipment spending is expected to keep expanding, shaping investment plans for suppliers and fabs.

Key points

  • SEMI sees US$3 trillion industry by 2035
  • US$1 trillion milestone reached years earlier than forecast
  • AI and quantum computing cited as growth drivers

Sources (original reporting)

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