Global Semiconductor Sales Surge in Q2 2024

The Semiconductor Industry Association (SIA) reported that global semiconductor sales reached $149.9 billion in Q2 2024, marking an 18.3% increase from Q2 2023 and a 6.5% rise from Q1 2024. June 2024 sales were $50.0 billion, up 1.7% from May 2024. This growth, driven by strong performance in the Americas with a 42.8% year-over-year increase, contrasts with declines in Japan and Europe. Monthly data from the World Semiconductor Trade Statistics