August Chip Equipment Billings Declined 5.4% From July: Semi

North American semiconductor equipment makers had $3.65 billion in billings globally in August, based on a three-month average, down 5.4% from July but 37.6% higher than August 2020, reported Semi Monday. The softening in August billings was expected, said Semi CEO Ajit Manocha: “Billings continue to reflect strong demand for semiconductor equipment and solid year-over-year growth.”