According to the latest report from the Semiconductor Industry Association (SIA), global semiconductor industry sales in May 2022 were $51.8 billion, an increase of 18.0% from $43.9 billion in May 2021 and an increase of 1.8% from $50.9 billion in April 2022 .

“Global demand for semiconductors remained high in May, with year-to-year sales increasing strongly across all major regional markets and product categories,” said John Neuffer, SIA president and CEO. “Continuing high demand for semiconductors will necessitate more chip research, design, and manufacturing in the years ahead. We urge leaders in Washington to swiftly enact bipartisan innovation and competitiveness legislation that ensures a large share of this chip production and innovation occurs on U.S. soil. The clock is ticking.”

SIA: Global semiconductor sales up 18% year-to-year in May-SemiMedia

Sales were up compared to April 2021 in the Americas (36.9%), Japan (19.8%), Europe (16.1%), Asia Pacific/All Other (15.8%), and China (9.1%). Month-to-month sales increased in Japan (3.9%), the Americas (2.9%), China (1.7%), and Asia Pacific/All Other (1.1%), but fell slightly in Europe (-0.7%).