Cyprus Mail10 Aug 2026

AI boom drives record semiconductor revenue forecast

Research firm Omdia has sharply increased its forecast for global semiconductor revenue in 2026, saying surging artificial intelligence demand continues to outstrip the industry’s manufacturing capacity, with supply bottlenecks expected to persist until at least 2027.

The company now expects global semiconductor revenue to grow by 94.1 per cent year-on-year in 2026, driven primarily by exceptional growth in DRAM and NAND memory chips....

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