I am currently studying the textbook Physics of Photonics Devices, Second Edition, by Shun Lien Chuang. In a section discussing the basic concepts of semiconductor band and bonding diagrams, the author gives the following description:
The basic idea is that for a semiconductor, such as $\ce{GaAs}$ or $\ce{InP}$, many interesting optical properties occur near the band edges. For example, Table 1.1 shows part of the periodic table with many of the elements that are important for semiconductors, including group IV, III-V, and II-VI compounds. For a III-V compound semiconductor such as $\ce{GaAs}$, the gallium ($\ce{Ga}$) and arsenic ($\ce{As}$) atoms form a zinc-blende structure, which consists of two interpenetrating face-centered-cubic lattices, one made of gallium atoms and the other made of arsenic atoms (Fig. 1.1).
This seems to be the relevant Wikipedia article for zinc-blende (Zincblende) structure.
I was interested in understanding the relevance of this structure to semiconductors, so I did further research. I then came across this website, which says the following:
Here are the two most important crystal structures for semiconductors.
They are often referred to by the historical names "Zinc blende" from the German "Zinkblende" $= \ce{\alpha-ZnS}$, a rather ubiquitous mineral. The name "Sphalerite" also comes form the German: "Sphalerit", which, as was the custom of the time, stems from the Greek "sphaleros" meaning treacherous or malicious because it is easy to confuse it with other minerals.
Wurtzite was and is the name of the $\ce{\beta-ZnS}$ modification - the hexagonal high-temperature variant. The named after the French chemist C. A. Wurtz (* 1817, † 1884), which gives us an idea of how old those names are.
Zinc blende or sphalerite or Diamond structure
Wurtzite or hexagonal structure
Red lines are not showing bonds.
However, this website does not actually explain why these are the two most important crystal structures for semiconductors. I was wondering if someone would please take the time to explain this.
EDIT:
Thinking about Justanotherchemist's comment and Oscar Lanzi's answer, I wonder if all group $\ce{III-V}$ semiconductors have these $\ce{ZnS}$ structures? Because, if so, then that could very well be the answer to my question here, since, as I understand it, group $\ce{III-V}$ semiconductors are the most important semiconductors for practical purposes? As Oscar Lanzi said in his answer, not all semiconductors have a $\ce{ZnS}$ structure, so the answer cannot be that they are the most important because all semiconductors have a $\ce{ZnS}$ structure.