Wafer shipments still down, but chipmakers are looking up
Despite yet another dip in wafer shipments, major chip shops are predicting a resurgence in the latter half of 2023., wafer shipments slid 10.1 percent in Q2 to 3.3 billion square inches. That's down from the 3.7 billion rolled out this time last year.
While still down double digits year over year, the industry association reports shipments inched upward 2 percent compared to Q1, offering the first tentative signs of recovery and a modicum of credibility to chipmakers' claims of a rebound in the second half of 2023. We'll need to see a few more quarters of sequential growth before we can say there's a definitive trend, but that's not stopped foundry operators and chip shops from playing off dismal earnings with optimistic forecasts.
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