Q2 semiconductor sales hint at rebound in remainder of year, says SIA

In the second quarter worldwide semiconductor sales totaled 124.5 billion dollars, an increase of 4.7 percent over the first quarter of 2023, but 17.3 percent less than the second quarter of 2022, according to data compiled by the World Semiconductor Trade Statistics (WSTS) organization and published by the Semiconductor Industry Association (SIA). “Although global semiconductor sales in 2023 remain behind the totals from last year, revenue ticked up in June for the fourth consecutive month and notched solid quarter-over-quarter increases, providing optimism the market will continue to rebound over the second half of the year,” said John Neuffer, president and CEO of SIA.

Last month, ASML CEO Peter Wennink acknowledged that recovery from the semiconductor sales slump is taking longer than expected. He suggested that an inflection point might have been reached in the Logic Segment, adding that it’s too soon to tell. Memory is not showing signs of recovery yet.