August Semiconductors Recorded 7th Straight Revenue Increase, Says SIA

August semiconductor revenue reached $36.2 billion globally, up 4.9% from a year earlier and 3.6% higher than July, reported the Semiconductor Industry Association Monday. It was the seventh straight monthly year-over-year increase, “demonstrating the global market so far has remained largely insulated from ongoing global macroeconomic headwinds,” said SIA CEO John Neuffer. He cautioned there’s “still substantial uncertainty for the months ahead.” August sales into the Americas “stood out,” he said, rising 23.6% from August 2019.