Record quarter driven by AI demand

Omdia's figures show the global semiconductor market posting its strongest quarter on record, with revenue of $425 billion in Q2 2026, up 31 percent. The growth reflects sustained demand linked to AI infrastructure buildout, which has lifted orders for high-bandwidth memory and advanced processors throughout the industry supply chain.

The result extends a period of rapid expansion for chipmakers, including Korean suppliers such as Samsung Electronics and SK hynix, both of which have been key beneficiaries of AI-related memory demand.

Outlook

While the quarterly total marks a historic peak, the pace of growth in coming quarters remains subject to broader conditions in the AI hardware cycle, and Omdia's release does not provide a forward estimate in the materials reviewed.

Based on Omdia's reported figures, the claim that global semiconductor revenue rose 31 percent to a record $425 billion in the second quarter of 2026 is Mostly True.