Semiconductor Spending Is Set to Hit $1 Trillion in 2026: 2 Top Stocks to Buy Before That Happens, According to a Wall Street Analyst

Industry Overview - The semiconductor industry experienced significant growth in 2025, with sales increasing by 22.5% to over $772 billion [1] - A forecasted 26% increase in semiconductor sales is expected in 2026, reaching $975 billion, while Bank of America analyst Vivek Arya predicts a 30% increase to over $1 trillion [2] AI Market Impact - The AI data center market is projected to grow to $1.2 trillion by 2030, with an annual growth rate of 38% [3] - Sales of AI accelerator chips, including GPUs and custom processors, are anticipated to reach $900 billion [3] Company Spotlight: Nvidia - Nvidia is identified as a leading player in the AI chip market, holding over 90% of the data center GPU market share [5][6] - The company is expected to generate at least $500 billion in revenue for the calendar years 2025 and 2026, aligning with consensus expectations [7] - Analysts forecast a 50% increase in Nvidia's sales for the next fiscal year, with earnings projected to rise by 50% to $7.55 per share [8]