XSD - Global semiconductor sales down ~21% Y/Y in February - report

2023-04-11 08:17:40 ET

Global semiconductor sales dropped 4% in the month of February, billing ~$39.7B. That is a 20.7% slump from last year same month, according to SIA or Semiconductor Industry Association.

Region-wise Y/Y sales: Americas -14.8%, Europe -0.9%, and Japan +1.2%, Asia Pacific/All Other -22.1% and China -34.2%. Japan sales increased slightly by 1.2%.

Region-wise M/M sales: Europe -0.3%, Japan -0.3%, Americas -5.3%, Asia Pacific/All Other -3.6%, and China -5.9%. These figures represent findings by the SIA .

Top Semiconductor ETFs include: VanEck Semiconductor ETF ( SMH ); iShares Semiconductor ETF ( SOXX ); SPDR S&P Semiconductor ETF ( XSD ); Invesco Dynamic Semiconductors ETF ( PSI ); ProShares Ultra Semiconductors ( USD ); First Trust Nasdaq Semiconductor ETF ( FTXL ).

Top semiconductor names: Intel ( INTC ); Micron Technology ( MU ); Texas Instruments ( TXN ); Qualcomm ( QCOM ); NXP Semiconductors ( NASDAQ: NXPI ); Microchip Technology ( MCHP ); Applied Materials ( NASDAQ: AMAT )

From last month, ' Semiconductor sales dip 18.5% Y/Y in January '

Also read: ' Semiconductor sales grew marginally 1.1% in 2022, impacted by macroeconomic factors and supply chain issues '

Expert opinion from SA contributor MarketGyrations: ' Semis are headed into Q2 with momentum on their side for various reasons, although some are in a better position than others. '

For further details see: