According to June 6 report of the Semiconductor Industry Association or SIA, global semiconductor industry sales were $50.9B in April 2022, a jump of 21.1% Y/Y; and 0.7% more than March 2022.
“Global semiconductor sales have increased by more than 20% on a year-to-year basis for 13 consecutive months, indicating consistently high and growing demand for semiconductors across a range of critical sectors. High global chip demand will necessitate more semiconductor research, design, and manufacturing in the years ahead, and we urge leaders in Washington to enact innovation and competitiveness legislation that ensures more of this chip production and innovation occurs on U.S. shores,” said John Neuffer, SIA president and CEO.
Month-to-month sales in the Americas +3.1%, Japan +1.6%, and Asia Pacific/All Other +1.2%, but fell slightly in China -0.6%, and Europe -3.3%.
Top Semiconductor ETFs include: VanEck Semiconductor ETF (NASDAQ:SMH+0.1%) up 6% during the last one month; iShares Semiconductor ETF (NASDAQ:SOXX+0.2%) +5% in a month; SPDR S&P Semiconductor ETF (XSD+0.9%) +6.8% in a month; Invesco Dynamic Semiconductors ETF (PSI+0.6%) +5.3% in a month; ProShares Ultra Semiconductors (USD+0.5%) +6.8%; First Trust Nasdaq Semiconductor ETF (FTXL-1.2%) +3.8%