Oct. Chip Production Equipment Billings Topped $3.7B: Semi

North American semiconductor equipment manufacturers posted $3.74 billion in October billings globally, up 0.6% sequentially and 41.3% higher than in October 2020, reported the trade group Semi. “The push towards digital transformation along with robust demand for multiple disruptive applications continues to drive semiconductor equipment sales,” said Semi CEO Ajit Manocha. The report is based on three-month moving averages of worldwide billings.