Global Silicon Wafer Shipment Growth to Bounce Back in 2024 

MILPITAS, Calif. ─ October 26, 2023 ─ Global shipments of silicon wafers are projected to decline 14% in 2023, to 12,512 million square inches (MSI) from the record high of 14,565 MSI in 2022 before bouncing back in 2024 as wafer and semiconductor demand recovers and inventory levels normalize, SEMI reported today in its annual silicon shipment forecast. Continuing softness in demand for semiconductors and challenging macroeconomic conditions are driving the 2023 decline.

Source: Global Silicon Wafer Shipment Growth to Bounce Back in 2024 After 2023 Decline, SEMI Reports | SEMI