Global semiconductor revenue tops $425B in Q2, a record: Omdia

Two consecutive quarters of accelerating sequential growth is the more telling signal here than the absolute record: the prior peak was set only one quarter earlier, which suggests the AI-driven demand cycle is still broadening rather than plateauing. Memory pricing is doing much of the heavy lifting, so the composition of that growth — logic versus memory — matters for anyone tracking how durable it is. Whether the sequential pace keeps climbing from an already elevated base is the open question.