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Semiconductor Sales Rose 25% in August, DRAM Spiked 85%; Can Sales Keep Rising?
Global semiconductor sales rose for a 14th straight month in August, with 25% year-over-year growth driven by an 85% increase in DRAM sales.
By Johanna Bennett, Oct. 02, 2017 – As we mentioned briefly in an earlier post, the Semiconductor Industry Association released is global sales figures for August today, with revenue rising 25% to $35.9 billion. It is the 14 straight month of year-over-year sales growth for the industry, and as one might expect, it was driven by an 85% pop in sales of dynamic access memory chips -- also called DRAM.
But what's ahead? According to Amit Daryanani at RBC Capital Markets, the SIA sees semiconductor sales rising 2% in 2017 from the $338.9 billion posted last year, and those forecasts are likely stale. Third party prognosticators predict low-teens growth, and Daryanani says those figures are "achievable based on how revenues are tracking so far with the DRAM/NAND supply/demand dynamic being the biggest swing."Click here to read more ...