SEMI Raises 2026 Global Semiconductor Equipment Market Growth Forecast to 23.5%

The CSI Semiconductor Industry Select Index rose as much as 4% on July 24, 2026 and was up 2.09% at 2:14 p.m., while Southern Semiconductor ETF (159325) turned over 21.38% intraday on volume of 239 million yuan and had net inflows of 46 million yuan as of July 23. According to Jiemian News, the move came as AI computing demand surges and global advanced wafer fabrication, memory chip manufacturing and advanced packaging all enter a major expansion cycle, lifting equipment demand. International Semiconductor Industry Association (SEMI) raised its forecast for 2026 global front-end semiconductor equipment market growth to 23.5% from 16.5% and lifted the market size estimate to $152.2 billion from $133 billion. SEImingly, industry participants said pricing power in the semiconductor supply chain is shifting structurally from chip end products toward equipment and components.