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SEMI: IC sales increased by 12% in the third quarter, and growth is expected to continue into the fourth quarter

SEMI: IC sales increased by 12% in the third quarter, and growth is expected to continue into the fourth quarter
TechNewsTechnology News
November 22, 2024
Author Central News Agency Zhang Jianzhong
 

According to statistics from the International Semiconductor Industry Association (SEMI), IC sales increased by 12% in the third quarter. The momentum mainly came from seasonal factors and strong demand for investment in artificial intelligence (AI) data centers. The growth trend is expected to continue into the fourth quarter. IC sales in the fourth quarter are expected to grow another 10% compared with the third quarter.
 

SEMI's third-quarter semiconductor manufacturing report stated that the consumer, automotive and industrial sectors are recovering slowly, but strong investment demand for AI data centers is the main driving force for IC sales growth in the third quarter.
 

SEMI estimates that IC sales are expected to grow by more than 20% this year, mainly driven by strong demand for data center memories and improved memory prices.
 

China's massive investment and increased spending on high-bandwidth memory (HBM) and advanced packaging have led to a strong semiconductor equipment sector. SEMI pointed out that in the third quarter, the fab's quarterly production capacity reached 41.4 million pieces of approximately 12-inch wafers, and will increase by another 1.6% in the fourth quarter. %.
 
Image source: shutterstock
 

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