MILPITAS, CA – Global semiconductor equipment billings increased 38% year-over-year to $26.8 billion in the third quarter, growth of 8% sequentially, said SEMI.

This is the fifth consecutive quarter-over-quarter record high.

“Strong secular demand for chips across a wide range of markets, including communications, computing, healthcare, online services and automotive, has fueled this tremendous run of record quarterly growth for semiconductor equipment,” said Ajit Manocha, president and CEO, SEMI. “The semiconductor industry has demonstrated great resiliency in the face of disruptive global challenges, including the chip shortage and ongoing pandemic.”

Data are compiled from SEMI and the Semiconductor Equipment Association of Japan.

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