June Global Semiconductor Billings Surge 134% YoY to $151.9 Billion, Led by Memory Chips
Claire Weston
SIA data shows June global semiconductor billings surged 134% year-over-year to $151.9 billion, led by memory chips — but non-memory demand rose 38% too, signaling a possible broad-based upcycle rather than a single-category bounce.
What does $151.9 billion in a single month mean?
The Semiconductor Industry Association (SIA) reported June global semiconductor billings — the industry's monthly tally of chip shipments — at $151.9 billion, up 134% year-over-year.
This means → global chip shipments more than doubled in twelve months, far outpacing a normal cyclical swing.
Memory chips — the components that temporarily store data in phones, PCs, and servers — were the primary driver.
Strip out memory — is the rest still growing?
Wells Fargo analyst Aaron Rakers and his team broke the data down: excluding memory, semiconductor billings still grew 38% year-over-year.
In plain terms = it is not just memory riding a wave. Logic chips, analog chips, and other non-memory categories are recovering strongly too.
This reflects a recovery that is broad-based across chip categories, not one segment carrying the entire industry.
What comes next?
Memory and non-memory both strengthening points toward a possible new industry-wide upcycle.
But "possible" is the key word. This means → the billing data over the next few quarters is the real confirmation point: sustained growth confirms the upcycle; a pullback could make June a one-off peak.
In plain terms = the signal is strong, but the verdict still needs time to arrive.
Content is for reference only, not financial advice.