Worldwide silicon wafer shipments increased by 7.1% quarter-over-quarter to 3,035 million square inches (MSI) in the second quarter of 2024, but saw an 8.9% decline from the 3,331 million square inches recorded during the same quarter last year, according to SEMI Silicon Manufacturers Group’s (SMG) quarterly analysis of the silicon wafer industry.

“The silicon wafer market is recovering driven by strong demand related to products for data centers and generative AI. While the recovery is uneven across different applications, 300mm wafer Q2 shipments indicated 8% quarter-over-quarter growth for the best performance among all wafer sizes. There are a growing number of new semiconductor fabs under construction or ramping production volume. This expansion, along with the longer-term trend toward a $1 trillion semiconductor market, will inevitably require more silicon wafers,” said Lee Chungwei, Chairman of SEMI SMG and Vice President and Chief Auditor at GlobalWafers.

By: DocMemory
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