In the US, monthly semiconductor sales were up 2.6% to US$8.77 billion in November 2017, from US$8.54 billion in October, surpassing the global market growth rate of 1.6%, according to the Semiconductor Industry Association (SIA). Similarly, the region’s three month-moving average sales jumped by 16.1% from US$6.25 billion in August to US$8.77 billion in November. The rise in sales stemmed from rising demand for memory products such as NAND flash and dynamic random-access memory (DRAM), followed by logic devices.
The rambunctious appetite for memory devices is likely to spur production for major product categories such as integrated circuits and discrete semiconductors. This could see the semiconductor market turn bullish in the next few quarters, with worldwide semiconductor revenue projected to grow by 7% to US$437.3 billion in 2018, from US$408.7 billion in 2017, with that in America forecast to jump by 12.2% to US$95.4 billion, from US$86.5 billion, according to the World Semiconductor Trade Statistics (WSTS).