Semiconductor Sector Eyes $3.2 Trillion Market by Decade's End

A BofA analyst projects the global semiconductor market will hit $3.2 trillion by 2030, brushing aside concerns of an AI-driven pullback. Four stocks are flagged as prime beneficiaries of this structural growth wave.

Separately, another analyst points to multiyear chip supply agreements as evidence spending momentum remains intact. 'That's not what the front end of a downturn looks like,' the note states, countering recent volatility in AI-linked equities.

The dual signals suggest institutional conviction in semiconductor infrastructure spending is strengthening even as public debate over AI's pace of expansion intensifies among tech leadership.