Monthly market insights - July 2026 - Flipbook - Page 2
Market Updates
The semiconductor industry’s growth outlook has
strengthened significantly, with analysts substantially
raising their forecasts for 2026 and 2027 as AI-driven
demand continues to accelerate, particularly across
the memory market. WSTS’s Spring 2026 forecast
now puts the global semiconductor market on course
for US$1.51 trillion in 2026, a 90% jump on 2025, with
memory alone expected to surge around 250% to
over US$800 billion. Growth is forecast to continue
into 2027, when WSTS expects the market to reach
roughly US$1.9 trillion, up a further 27%, with memory
again leading the way.
Global Semiconductor Forecast 2026-2027
$1.9T
2
1.8
$1.51T
1.6
1.4
1.2
1
$0.79T
o.8
0.6
TSMC’s 16 July earnings call is the next major
signpost. Having already guided for full-year 2026
revenue growth above 30%, analysts are forecasting
third-quarter earnings to rise around 45% year-onyear, and the accompanying Q3 revenue guidance
should indicate whether AI-linked demand can hold
its pace into year-end.
0.4
0.2
0
2025
2026F
2027F
Source: WSTS Spring 2026 Forecast
Figure 1: WSTS global semiconductor market forecast,
2025 to 2027.
2
