Global chip sales surged almost 2.5 times (increased by 147%) in September compared to the same month a year ago, totaling $172.6 billion, as stated in a press release from the Semiconductor Industry Association (SIA).
Sales increased by 7.9% compared to August, rising from a revised $160 billion. This signifies the nineteenth straight month of month-over-month expansion.
During the third quarter, deliveries rose by 24.1% in comparison to the prior three-month span, totaling $517.7 billion.
“The worldwide chip market experienced substantial growth in the third quarter, with global sales rising over 20% from the previous quarter—indicating the third straight quarter of this increase,” stated SIA President and CEO Michael Robbins, as referenced in the announcement.
“Year-over-year semiconductor sales continue to be robust in all key regional markets, highlighting the industry’s worldwide presence and its essential contribution to fostering innovation, enhancing productivity, and reinforcing economic competitiveness,” he remarked.
In September, the Americas experienced a year-on-year sales increase of 191.7%, with Europe rising by 102.5%, China by 124.9%, Japan by 73.4%, and the Asia-Pacific and other areas by 141.4%. In relation to August, chip sales rose by 11% in the Americas, 8.1% in Europe, 8.7% in Japan, 4.2% in China, and 6.9% in the Asia-Pacific area.
The SIA accounts for nearly 99% of the semiconductor sector in the U.S. and roughly 66% of chip producers from abroad.
source: bloomberg.com
