WASHINGTON – Global semiconductor sales hit $53.1 billion in August, the highest-ever total for the month and a year-over-year increase of 20.6%, the Semiconductor Industry Association announced.

Monthly sales, compiled by the World Semiconductor Trade Statistics (WSTS) organization and representing a three-month moving average, were 3.5% more than July's total of $51.3 billion.

“The global semiconductor market continued to grow substantially in August, hitting its highest-ever sales total for the month of August, and month-to-month sales increased for the fifth consecutive month,” said John Neuffer, SIA president and CEO. “Year-to-year sales increased by the largest percentage since April 2022, driven by a 43.9% year-to-year sales increase into the Americas, and month-to-month sales were up across all regions for the first time since October 2023.”

Regionally, year-to-year sales were up in the Americas (7.5%), China (19.2%), Asia Pacific/All Other (17.1%), and Japan (2%), but down in Europe (-9%). Month-to-month sales in May increased in the Americas (4.3%), Japan (2.5%), Europe (2.4%), China (1.7%), and Asia Pacific/All Other (1.5%).