New Delhi, July 14 -- Global spending on semiconductor manufacturing equipment is set to hit a record USD 165.9 billion in 2026, marking a 23.2 per cent increase over the previous year, according to SEMI's Mid-Year Total Semiconductor Equipment Forecast. The sustained surge in investments, driven by artificial intelligence (AI) and advanced chip technologies, is expected to create significant opportunities for India's rapidly expanding semiconductor ecosystem.

According to the forecast, global semiconductor equipment spending will continue its upward trajectory to reach USD 229.5 billion by 2028, marking five consecutive years of industry growth. Investments are being fuelled by rising demand for AI-enabled computing, high-bandwidth memo...