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The Semiconductor Industry Association reported February 2026 sales of $88.8 billion, a 61.8 percent year-over-year surge driven by AI infrastructure spending, as the chip market remains on pace to cross $1 trillion in annual revenue for the first time.
A $2.1 billion Navy program has drawn at least a dozen competitors to build autonomous warships, while commercial shipping firms deploy AI navigation on thousands of vessels and the IMO targets May 2026 for its first autonomous shipping code.
Reno-based Positron AI has raised $230 million at a $1B+ valuation, claiming its Atlas chip matches Nvidia's H100 inference performance at one-third the power while its next-gen Asimov silicon promises six times the memory of Nvidia's Rubin.