India, Aug. 5 -- SIA's annual State of the U.S. Semiconductor Industry report provides a snapshot of where the industry stands in 2026: the extraordinary growth underway, the opportunities and challenges ahead, and the policy priorities necessary to sustain U.S. leadership in this vital technology.

The semiconductor market reached new heights in 2025, and that trend has only intensified this year. Global semiconductor sales reached a record $795.6 billion last year, far surpassing initial forecasts, and the World Semiconductor Trade Statistics (WSTS) organization projects worldwide semiconductor sales will reach $1.5 trillion in 2026.

This rapid growth reflects the accelerating deployment of artificial intelligence and the continued exp...