WASHINGTON, DC -- Global semiconductor sales reached $110.5 billion in April, rising 11% from March and 93.9% from the same month a year ago, according to the Semiconductor Industry Association (SIA).

The increase marked the 14th consecutive month of month-to-month growth for the global semiconductor market. Monthly sales figures, compiled by World Semiconductor Trade Statistics (WSTS), are based on a three-month moving average.

SIA also endorsed the latest WSTS forecast, which projects global semiconductor sales will increase 90% to $1.5 trillion in 2026, reaching the milestone earlier than previously expected. Industry sales are forecast to exceed $1.9 trillion in 2027.

According to SIA, growth continues to be driven by demand for artificial intelligence infrastructure and accelerated computing platforms. Regional year-over-year gains were strongest in the Americas, where sales rose 115.8%, followed by Asia Pacific/All Other at 114.9% and China at 78.6%. Europe and Japan posted increases of 54.7% and 15.6%, respectively.