New Delhi, May 16 -- The global semiconductor industry is expected to grow by more than 10 per cent in 2025, with strong demand being driven by artificial intelligence (AI) technologies, as per a Focus Taiwan report which cited a senior Taiwan Semiconductor Manufacturing Co. (TSMC) executive.

According to a news report on Thursday in Focus Taiwan, the industry is likely to reach a market value of over USD1 trillion by 2030.

The report also highlighted that the TSMC Deputy Co-Chief Operating Officer Kevin Zhang said the semiconductor sector is going through an "invigorating" period despite recent fluctuations in the market.

Zhang, who is also the company's Senior Vice President for Business Development and Global Sales, highlighted the ...