Global semi sales were $88.3 billion in Q3, up 11.5% from Q2. September sales of $29.4 billion were up 3.6% over the year-ago period, and up 4.2% from August’s total of $28.2 bln. Those monthly sales figures represent a three month moving average.
China led the way among all regions in September with a 5.4% gain from the prior month. The Americas (+4.6%) and Asia Pacific/All Other (+4.2%) regions rounded out the top three. Year-over-year, semiconductor sales in China jumped 12.0%, but actually decreased in the Americas (-2.4%) and Europe (-4.0%) on that basis.
The industry group commented via press release:
“The global semiconductor market has rebounded markedly in recent months, with September showing the clearest evidence yet of resurgent sales,” said John Neuffer, president and CEO, Semiconductor Industry Association. “The industry posted its highest-ever quarterly sales total, with most regional markets and semiconductor product categories contributing to the gains. Indications are positive for increased sales in the coming months, but it remains to be seen whether the global market will surpass annual sales from last year.”
The iShares PHLX Semiconductor ETF (NASDAQ:SOXX) closed at $111.36 per share on Monday, up $0.60 (+0.54%). Year-to-date, the largest semiconductor-focused ETF has gained 23.95%.
Meanwhile, the VanEck Vectors Semiconductor ETF (NYSE:SMH) closed at $68.27 on Monday, up $0.48 (+0.71%). The second largest semiconductor ETF by assets has gained 28.13% year-to-date.