The interplay of magnetic and semiconducting properties has been in the focus since more than a half of the century. In this introductory article we briefly review the key properties and functionalities of various magnetic semiconductor families, including europium chalcogenides, chromium spinels, dilute magnetic semiconductors, dilute ferromagnetic semiconductors and insulators, mentioning also sources of non-uniformities in the magnetization distribution, accounting for an apparent high Curie temperature ferromagnetism in many systems. Our survey is carried out from today's perspective of ferromagnetic and antiferromagnetic spintronics as well as of the emerging fields of magnetic topological materials and atomically thin 2D layers.The discovery of ferromagnetism in some europium chalcogenides and chromium spinels a half of the century ago [1] came as a surprise, since insulators typically showed antiferromagnetic or ferrimagnetic spin ordering, driven by a superexchange interaction, whereas ferromagnetism was considered a domain of metals. However, the Goodenough-Kanamori-Anderson rules indicate in which cases the superexchange can lead to ferromagnetic shortrange coupling between localized spins. This mechanism accounts e.g. for Curie temperature T C = 130 K in CdCr 2 Se 4 [2] . In the case of EuO and EuS, the antiferromagnetic superexchange is overcompensated by a direct f -d ferromagnetic exchange, which results in T C = 68 K and 16 K, respectively [3] .Soon after their discovery, magnetic semiconductors were found to exhibit outstanding properties, including *