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🚀 Check out SEMI and TechInsights' latest SMM Report, showcasing rising IC sales and increased wafer fab capacity in Q2 2024, with memory CapEx expected to climb in Q3. Stay ahead of the curve — log into the TechInsights Platform today: https://bit.ly/3yJFhep

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SEMI announced the latest publication of the Semiconductor Manufacturing Monitor (SMM) Report, prepared in partnership with TechInsights. 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. “Despite moderate semiconductor capital expenditures in the first half of the year, we expect a positive trend to begin in Q3 2024 led by memory CapEx,” said Clark Tseng, Senior Director of Market Intelligence at SEMI. “Strong demand for AI chips and high bandwidth memory is boosting results in various segments of the semiconductor manufacturing ecosystem.” Learn more 👉 https://lnkd.in/gfgdRbfR #semiconductors #semiconductormanufacturing #marketresearch

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