VRG Components, Inc.’s Post

According to the latest World Semiconductor Trade Statistics findings for the Semiconductor Industry Association, global semiconductor industry sales totaled $149.9 billion during the second quarter of 2024. This represents an 18.3% increase compared to Q2 2023 and a 6.5% increase compared to Q1 2024. Sales in June 2024 were $50.0 billion, an increase of 1.7% compared to May 2024. Read more here: https://bit.ly/46z8iG6 #semiconductor #memory #DRAM #NAND #flashmemory #marketinsights 

According to the latest figures of the Semiconductor Industry Association (SIA), global semiconductor sales hit $53.1 billion during August 2024, an increase of 20.6% compared to August 2023 and 3.5% more than in July 2024. This marks the fifth consecutive month that the global semiconductor market shows growth and the highest growth percentage since April 2022. Read more here: https://bit.ly/3TYlVJS #semiconductor #memory #DRAM #NAND #flashmemory #marketinsights

According to the Semiconductor Industry Association (SIA), global semiconductor sales hit $56.9 billion during October 2024, an increase of 22.1% compared to the October 2023 total of $46.6 billion and 2.8% more than the September 2024 total of $55.3 billion. Additionally, a new WSTS industry forecast has been revised upward for 2024. It now projects annual global sales will increase 19.0% year-to-year, reaching a sales total of $626.9 billion this year. In 2025, global sales are projected to reach $697.2 billion, a year-to-year increase of 11.2%. Read more here: https://bit.ly/3BfCDy9 #semiconductor #memory #DRAM #NAND #flashmemory#marketinsights

While the semiconductor industry faces increased complexity across technology, geopolitics it's also growing fast: ▶ 2024: $109 billion ▶ 2025: $128 billion AI is accelerating its growth rate, making it highly likely to reach $1 trillion in global revenues by 2030. It's an unprecedented and exciting time to be in an industry where technology permeates nearly every product we use. 🚀 📈

Global Semiconductor Sales Increase 23.2% in Q3 2024 compared to Q3 2023; Quarter-to-Quarter sales up 10.7%: WASHINGTON—Nov. 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor sales were $166.0 billion for the third quarter of 2024, an increase of 23.2% compared to the third quarter of 2023 and 10.7% more than the second quarter of 2024. Global sales were $55.3 billion during the month of September 2024, an increase of 4.1% compared to the August 2024 total of $53.1 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. https://lnkd.in/dHGN2cpq

The latest data from the Semiconductor Industry Association (SIA) shows that global semiconductor sales reached $166 billion in the third quarter of 2024, marking a 23.2% year-on-year increase and a 10.7% quarter-on-quarter growth, the highest quarterly growth rate since 2016. In September, global semiconductor sales amounted to $55.3 billion, a 4.1% increase compared to $53.1 billion in August.

Global Semiconductor Sales Increase 18.3% in Q2 2024 Compared to Q2 2023; Quarter-to-Quarter Sales Up 6.5% 🎉💡 The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $149.9 billion during the second quarter of 2024, an increase of 18.3% compared to the second quarter of 2023 and 6.5% more than the first quarter of 2024. Sales in June 2024 were $50.0 billion, an increase of 1.7% compared to the May 2024 total of $49.1 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.

Worldwide sales of semiconductors totaled $526.8 billion in 2023, down 8.2% from last year’s record of $574.1 billion, according to the Semiconductor Industry Association (SIA). Despite the annual decline, semiconductor sales surged in the second half of the year. The SIA notes that sales in Q4’23 totaled $146.0 billion, representing an increase of 11.6% on a year-over-year basis from Q4’22. In 2023, the Philadelphia Semiconductor Index posted a total return of 67.00%, compared to 57.84% for the S&P 500 Information Technology Index, and 26.26% for the S&P 500 Index, according to data from Bloomberg.

According to the Semiconductor Industry Association (SIA), global semiconductor sales reached USD51.3 billion in July 2024, a significant increase of 18.7% compared to the previous year. This growth was driven by strong demand in the Americas, which saw a remarkable 40.1% increase in sales.

The global semiconductor industry sales hit $49.1 billion during the month of May 2024, an increase of 19.3% compared to the May 2023 total of $41.2 billion and an increase of 4.1% compared to the April 2024 total of $47.2 billion. The industry has shown growth every month of 2024, however, May shows the largest percentage growth since April 2022, according to WSTS. Since memory prices are now set to increase as well, this upward trend is likely to continue. Read more here: https://bit.ly/4cS4O3f Reach out if you are interested in more details about memory prices. #semiconductor #memory #DRAM #NAND #flashmemory #marketinsights #weknowmemory