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Global Semiconductor Manufacturing Strengthens in. Q2 2024: SEMI

Surge in demand for AI chips and high bandwidth memory created strong tailwinds driving industry expansion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The global semiconductor manufacturing industry in the second quarter of 2024 continued to show signs of improvement with significant growth of IC sales, stabilizing capital expenditure, and an increase in installed wafer fab capacity, SEMI announced in its Q2 2024 publication of the Semiconductor Manufacturing Monitor (SMM) Report , prepared in partnership with TechInsights. While slower recovery in some end markets impacted the pace of growth in the first half of the year, the surge in dema...

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