Global semiconductor sales plunge 21% in May, but M/M increase keeps optimism alive
sankai
Global semiconductor industry sales for May fell 21.1% year-over-year to $40.7 billion. Sales rose 1.7% month-over-month, according to The Semiconductor Industry Association (SIA).
Region wise Y/Y sales: Europe +5.9%, Japan -5.5%, the Americas -22.6%, Asia Pacific/All Other -23.0%, and China -29.5%.
Region wise M/M sales: China +3.9%, Europe +2.0%, Asia Pacific/All Other +1.3%, Japan +0.4%, and the Americas +0.1%.
"... Month-to-month global semiconductor sales inched upward in May for the third consecutive month, sparking optimism for a possible market rebound during the second half of the year,â said John Neuffer, SIA president and CEO.
Top Semiconductor ETFs include: VanEck Semiconductor ETF (SMH); iShares Semiconductor ETF (SOXX); SPDR S&P Semiconductor ETF (XSD); Invesco Dynamic Semiconductors ETF (PSI); ProShares Ultra Semiconductors (USD); First Trust Nasdaq Semiconductor ETF (FTXL).
Top semiconductor names: Intel (INTC); Micron Technology (MU); Texas Instruments (TXN); Qualcomm (QCOM); NXP Semiconductors (NASDAQ:NXPI); Microchip Technology (MCHP); Applied Materials (NASDAQ:AMAT)
From last month, 'Global semiconductor industry sales jump 21% Y/Y in April'
More on the semiconductor industry

Semiconductor industry may dip in 2023, but rebound expected in 2024
Chip war heats up as U.S. mulls new curbs on exports to China
Yellen visit to China aims to defuse tensions with Beijing
Semiconductors Winners And Losers At The Start Of H2 2023