Regionally, year-to-year sales were up in the Americas (40.1%), China (19.5%), and Asia Pacific/All Other (16.7%), but down in Japan (-0.8%) and Europe (-12.0%). Global semiconductor industry sales touched USD 51.3 billion during the month of July 2024, an increase of 18.7% compared to the July 2023 total of USD 43.2 billion and 2.7% more than the June 2024 total of USD 50 billion, according to a media release by the Semiconductor Industry Association (SIA).  

Monthly sales, compiled by the World Semiconductor Trade Statistics (WSTS) organization, represent a three-month moving average. SIA represents 99% of the U.S. chip industry by revenue and nearly two-thirds of non-U.S. semiconductor companies. “The global semiconductor market continued to grow substantially on a year-to-year basis in July, and month-to-month sales increased for the fourth consecutive month,” said John Neuffer, SIA president and CEO. “The Americas market experienced particularly strong growth in July, with a year-to-year sales increase of 40.1%.”

Regionally, year-to-year sales were up in the Americas (40.1%), China (19.5%), and Asia Pacific/All Other (16.7%), but down in Japan (-0.8%) and Europe (-12.0%). 

Month-to-month sales in May increased in the Americas (4.3%), Asia Pacific/All Other (3.9%), Japan (3.3%), and China (0.9%), but decreased in Europe (-0.5%).