DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
"As of November the semiconductor industry stands out as the most overvalued sector, driven by high trailing P/E and P/B ratios – both exceeding two standard deviations above the historical average." https://t.co/u3pIrDAwTh via @dailychartbook https://t.co/qFlklVWw2P
Worldwide semiconductor sales hit a record $55.3B in September, up 4.1% MoM, marking the highest monthly total ever. Q3'24 sales surged to $166B, the largest quarterly increase since 2016. Regional Highlights: Americas: +46.3% YoY China: +22.9% YoY Asia Pacific: +18.4% YoY… https://t.co/tTydqVCkBH
"The three-month moving average of worldwide semiconductor sales rose to a record $55.3 billion during September." @yardeni @ericwallerstein https://t.co/YilcZzGSi6
Worldwide semiconductor sales reached a record $55.3 billion in September 2024, according to the Semiconductor Industry Association. This figure represents a 4.1% increase month-over-month and marks the highest monthly total ever recorded. In the third quarter of 2024, total sales surged to $166 billion, reflecting the largest quarterly increase since 2016. Regional sales data showed significant growth, with the Americas reporting a 46.3% year-over-year increase, China at 22.9%, and the Asia Pacific region at 18.4%. Despite this growth, some analysts have raised concerns about the semiconductor industry's valuation, noting that it is currently the most overvalued sector, with price-to-earnings and price-to-book ratios exceeding two standard deviations above historical averages.
