Semiconductor prices are skyrocketing in the US: Producer prices for semiconductor and other electronic component manufacturing surged +26% YoY in September, their 4th-largest increase on record. This also marks their 6th consecutive YoY increase of at least +25%. Since July 2025, the Producer Price Index for semiconductor and other electronic component manufacturing has risen +31%, to its 2nd-highest level since January 2007. To put this into perspective, the index declined every year from 1994 to 2021. Meanwhile, producer prices for electronic components and accessories soared +27% YoY last month, also marking their 6th consecutive YoY increase of at least +25%. The AI Revolution is driving historic technology inflation.