Global semiconductor equipment billings increased 21% year-over-year reaching $32.05 billion in the first quarter of 2025, while contracting 5% quarter-over-quarter following typical seasonality, according to new research from industry association SEMI.
"The global semiconductor equipment market began 2025 with a solid quarter that reflects future-looking investments in vital chipmaking capacity across regions," said Ajit Manocha, president and CEO of SEMI. "With the ongoing AI boom continuing to drive fab expansions and equipment sales, the industry is showing resilience in the face of uncertainty around geopolitical tensions, tariff volatility and export controls.”
SEMI said it is engaging with governments to advocate for stability to multi-billion-dollar fab investments including equipment spending and long-term success of advanced manufacturing operations.
Regionally, China led all sectors with $10.26 billion in semiconductor equipment market spending, followed by Korea with $7.69 billion and thirdly by Taiwan at $7.09 billion. North America was fourth overall in spending at $2.93 billion followed by Japan with $2.18 billion.
