How much will semiconductor production grow in the US this year?

If the percent change in U.S. industrial production for “Semiconductors and related electronic components” in 2026 is above 18, as reported by the Board of Governors of the Federal Reserve System in the G.17 Industrial Production and Capacity Utilization release, then the market resolves to Yes. The value used will be the annual percent change for 2026 shown in Table 2, “Industrial Production: Market and Industry Groups,” for the industry group “Semiconductors and related electronic components” / NAICS 3344, measured on a fourth-quarter-to-fourth-quarter basis.