Wafer Demand Forecast - Q2 2025 Update

Get the latest on 2025 semiconductor trends, including AI-driven growth, inventory challenges, and detailed wafer production forecasts by category and node.

The dynamics of AI and non-AI growth continue to shape the semiconductor landscape in 2025, with GPUs and HBM leading the market. However, segments such as Analog, MCUs, Discrete, and Optoelectronics are experiencing challenges due to high inventories and subdued demand. The first half of 2025 saw a positive impact from early inventory pull-ins related to announced tariffs, but expectations for the second half have been moderated. This report covers the number of wafers produced by year by product category and technology node as well as product category by wafer size through the next five years.