US Semiconductors_ October Sales Slightly Above Our Forecast But Below Seasonality. Maintaining C24 Semi Sales of Up 17% YoY.
Berkeley·2024-12-10 02:48
06 Dec 2024 03:00:00 ET │ 13 pages US Semiconductors October Sales Slightly Above Our Forecast But Below Seasonality. Maintaining C24 Semi Sales of Up 17% YoY. CITI'S TAKE On Thursday, the SIA announced October monthly sales of $53.4 billion (down 12.6% MoM), slightly above our estimate of $53.2 billion (down 12.9% MoM) but below seasonality of down 7.8% MoM due to weaker Microcontroller and Analog sales. We maintain our 2024 semi sales forecast of up 17% YoY as we expect 4Q24 sales to trend below seasonali ...