Semiconductor sales rose to $166,000,000,000 in a single quarter this year thanks to all that demand for AI-crunching silicon

The AI hype-train has been rolling for some time now, and shows no signs of slowing down. While public perception of AI tech continues to vary, the semiconductor market looks to be booming as a result of all that investment, as the Semiconductor Industry Association (SIA) has announced that global semiconductor sales increased 23.2% in the third quarter of this year compared to the same period in 2023.

That equates to up to $166 billion worth of revenue, with a reported $55.3 billion in sales recorded in September alone (via Wccftech).