Semiconductor sales jumped 5% W/W while Y/Y growth rebounded to 17%. The IC weather warmed nearly 2°F last week. Sales for all segments have been on fire since March. But CAGRs are nose-bleed high. Growth continued to slow due to tougher 2020 comps rather than a real decline. Still, 2021 will be the year in which semiconductor sales blew past a Half-a-Trillion and Logic at a Quarter-Trillion!
Peak growth rates, due to the COVID recovery tsunami, are starting to abate and should hunt native rates of 6-9%/yr. Our models show 2022 should be slightly higher than this. In 2021, DRAM results consistently beat our neural nets, while NAND underperformed. 13-Week MA for DRAM and NAND remain at peak levels while those for Logic, A&P, and Auto are rolling over.
VLSI's IC Supply/Demand indices held at Tight last week with Analog & Power jumping from Tight to Shortage. The other segments remained unchanged from the previous week.
Electronics' Retail Prices remain on an uptrend buoyed by Notebooks and Consumer Electronics.