Semiconductor Billings Jump by an Annual 50.6% in November

Semiconductor Billings Jump by an Annual 50.6% in November

(SEMI) Semiconductor equipment manufacturers in North America recorded worldwide billings of $3.93 billion in the three months to November, an increase of 50.6% from the prior year.

On a month over month basis, the semiconductor billings were 5.0% higher than October.

SEMI CEO Ajit Manocha says the semiconductor industry remains unprecedented after a record November amid supply chain bottlenecks.

VanEck Semiconductor ETF is currently up +1.20%

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