Emerging trends in technology are transforming the semiconductor industry, enabling better design, functionality and cost savings. Growing demand in high-performance computing (HPC), AI, advanced infrastructure, and automotive sectors is expanding the market. Steady demand for PCs and smartphones further drives innovation, supporting next-gen devices across industries. Reports state that the global semiconductor market, valued at $611.35 billion in 2023, is estimated to grow to $2.06 trillion by 2032 at a CAGR of 14.9 percent.