Q1 equipment billings up 5% y-o-y

Author: EIS Release Date: Jun 14, 2022

Q1 semiconductor manufacturing  equipment billings grew 5% year-over-year to $24.7 billion, says SEMI.

 

Quarter-over-quarter billings in the seasonally soft first quarter declined 10%.

 

“Year-over-year first quarter equipment revenue growth is in sync with positive forecasts for 2022 as the semiconductor industry continues its robust increase of fab capacity,” says SEMI CEO Ajit Manocha, “North America and Europe logged healthy quarter-over-quarter rises in equipment spending as they intensify efforts to bolster domestic chipmaking.”