SEMI: Global silicon wafer shipments ended three consecutive declines in the second quarter of 2024, still down 8.9% year-on-year

News from this site on August 2, according to a report released by SMG (Silicon Manufacturers Group), a subsidiary of SEMI, global silicon wafer shipments reached 3.035 billion square inches in the second quarter of 2024 (Note from this site: Approximately 1.958 million square meters). Compared with 2.834 billion square inches in the first quarter of 2024, global silicon wafer shipment area increased by 7% sequentially in the last quarter, ending three consecutive quarters of decline that began in the third quarter of 2023. However, the 3.035 billion square inches figure is still down 8.9% from the 3.331 billion square inches in the same period in 2023.

▲ Image source SEMI. Shipment unit MSI means million square inches SEMI Li Chongwei, chairman of SMG, vice president and chief auditor of Global Wafer, said:
The silicon wafer market is recovering, driven by strong demand for data centers and generative artificial intelligence products.
The recovery was uneven across different applications, but 300mm (12-inch) wafer shipments grew 8% quarter-on-quarter in the second quarter, the best performance.
More semiconductor fabs are being built or expanded. This move and the long-term trend of entering the US$1 trillion semiconductor market are bound to increase the demand for silicon wafers.

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