March 28, 2025 /SemiMedia/ — Lung Chu, SEMI Global Vice President and President of SEMI China, recently stated at SEMICON China 2025 that after an 11% decline in 2023, the semiconductor market is expected to rebound in 2024, growing by nearly 20% to $628 billion. He projects that, driven by demand for AI applications, the market will surpass $1 trillion before 2030.

He highlighted that infrastructure supporting AI, including servers, data centers, and storage, is expected to be the fastest-growing segment between 2024 and 2030, further driving the expansion of the semiconductor industry.

However, the industry also faces three major external challenges: geopolitical shifts, global trade disruptions, and the transformative impact of AI across various sectors.

Global investment in semiconductor equipment is set to rise, with China playing a key role. By 2025, China’s share of global semiconductor equipment spending is expected to reach 31%.