WW Si Wafer Shipments Start Recovery in Late 2024

MILPITAS, Calif. — February 13, 2025 — In the second half of 2024, worldwide silicon wafer demand started to recover from the industry downcycle seen in 2023, the SEMI Silicon Manufacturers Group (SMG) reported in its year-end analysis of the silicon wafer industry. Worldwide silicon wafer shipments in 2024 decreased 2.7% to 12,266 million square inches while wafer revenue contracted 6.5% to $11.5 billion over the same period.

Source: Worldwide Silicon Wafer Shipments and Revenue Start Recovery in Late 2024, SEMI Reports | SEMI