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Billings are up 7% year-over-year to US$28.75 billion.
December 2, 2022
By: DAVID SAVASTANO
Global semiconductor equipment billings rose 9% from the second to the third quarter of 2022 and 7% year-over-year to US$28.75 billion, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report. “Semiconductor equipment revenue growth in the third quarter remained in line with positive forecasts for 2022,” said Ajit Manocha, SEMI president and CEO. “The 9% quarter-over-quarter increase in equipment spending for Q3 reflects the semiconductor industry’s determination to bolster fab capacity to support long-term growth and technology innovation.”
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