MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.69 billion in billings worldwide in April (three-month average basis), according to SEMI, up 26% year-over-year and 10.7% sequentially.

“April 2018 monthly billings for North American equipment manufacturers surpassed the October 2000 record high of $2.6 billion,” said Ajit Manocha, president and CEO of SEMI. “Storage, artificial intelligence and big data are driving strong demand for semiconductors, offsetting smartphone sales that have lagged expectations this year.”

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