India, Jan. 2 -- The global semiconductor industry stands on the cusp of a transformative decade, with projections to reach $1 trillion in revenue by the early 2030s. Propelled by advancements in artificial intelligence (AI), high-performance computing (HPC), the rise of electric and autonomous vehicles (EVs), and next-generation connectivity, semiconductors are integral to technological innovation and global economic progress.

As demand soars, the industry is rapidly expanding its production capacity to keep pace with emerging technologies and applications. According to the latest SEMI World Fab Forecast report, 105 new fabs are expected to become operational between 2023 and 2027, with 32 currently under construction, 38 in early opera...