Semiconductor Equipment Billings Jump 24% in Q2 2025

Global Semiconductor Equipment Market Surges, Fueled by AI and Advanced Memory Demand

Strong Quarterly and Half-Year Performance

The worldwide semiconductor equipment market demonstrated robust growth in the second quarter of 2025. According to SEMI, billings reached $33.07 billion. This figure represents a significant 24% increase compared to the same period last year. Moreover, quarterly growth was also positive, with a 3% rise from the first quarter of 2025. This consistent expansion underscores a healthy and dynamic market. The first half of 2025 collectively generated over $65 billion in revenue. This strong performance builds on the industry’s record-breaking $117 billion in billings for the full year of 2024.

Key Market Drivers and Leadership Commentary

Investment in leading-edge technologies is the primary force behind this growth. Chip manufacturers are aggressively expanding production capacity. This expansion supports innovation in advanced logic and memory chips. These components are essential for powering the artificial intelligence (AI) revolution. There is particularly high demand for equipment related to High Bandwidth Memory (HBM) for DRAM applications. Ajit Manocha, SEMI President and CEO, confirmed these trends. He stated that chipmakers are investing to fuel the AI wave. In addition, they are funding key projects to enhance regional supply chain resilience.

Regional Billings Breakdown

The SEMI report provides a detailed regional analysis. The data is compiled from submissions by SEMI and the Semiconductor Equipment Association of Japan (SEAJ). The following section summarizes quarterly billings in U.S. dollars. It also shows quarter-over-quarter and year-over-year changes for each major region.

Author’s Analysis on Market Resilience

The sustained investment in semiconductor manufacturing equipment is remarkable. Despite global economic uncertainties, the sector continues to thrive. This growth is largely demand-driven, specifically by the AI and high-performance computing boom. The need for more powerful and efficient chips is non-negotiable. Therefore, equipment manufacturers are critical enablers of this technological progression. From our perspective, the focus on regional supply chains is a strategic shift. Companies and governments are now prioritizing supply security alongside technological advancement. This dual focus will likely continue to drive equipment spending in the coming years.

Accessing Comprehensive Market Intelligence

For professionals seeking deeper insights, SEMI offers a detailed market data subscription. The Equipment Market Data Subscription (EMDS) provides extensive information on the global semiconductor equipment landscape. This service includes three core reports. The Monthly SEMI Billings Report offers a perspective on equipment market trends. The Monthly WWSEMS gives a detailed breakdown of billings across seven regions and 24 market segments. Finally, the SEMI Semiconductor Equipment Forecast provides a forward-looking outlook for the market. A sample EMDS report is available for download.

Potential Application and Investment Scenarios

This market growth translates into real-world applications. For instance, a chipmaker building a new fab for 3nm logic nodes would be a major equipment buyer. Similarly, a memory manufacturer retooling its production lines for HBM DRAM would contribute significantly to these billing figures. These scenarios highlight how foundational equipment spending is for launching next-generation electronics. The investments reported by SEMI are directly creating the capacity for future AI servers, advanced consumer devices, and automotive computing systems.

Frequently Asked Questions (FAQ)

What is driving the growth in semiconductor equipment billings?
The growth is primarily driven by investments in advanced logic and memory chips, especially those needed for AI applications and High Bandwidth Memory (HBM).

How did the semiconductor equipment market perform in the first half of 2025?
The market had a strong first half, with total billings exceeding $65 billion, building on the record $117 billion set in 2024.

What is the year-over-year growth for Q2 2025?
Global semiconductor equipment billings increased by 24% in Q2 2025 compared to the same quarter in 2024.

Which regions are contributing to this equipment market growth?
While the report notes a general increase in shipments to Asia, specific regional data is detailed in the full WWSEMS Report from SEMI.

Where can I find more detailed market data?
Comprehensive data is available through the SEMI Equipment Market Data Subscription (EMDS). You can contact the SEMI Market Intelligence Team at mktstats@semi.org for more information.

For more information about the report or to subscribe, please contact the SEMI Market Intelligence Team at mktstats@semi.org. Visit the SEMI Market Data webpage for further details.

About SEMI

SEMI is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide. We serve the entire semiconductor and electronics design and manufacturing supply chain. SEMI accelerates member collaboration on critical industry challenges. Our work focuses on Advocacy, Workforce Development, and Sustainability. We also offer Supply Chain Management programs. SEMICON expositions, technology communities, standards, and market intelligence help advance member business growth. We enable innovations in design, devices, equipment, materials, services and software. Our goal is to enable smarter, faster, and more secure electronics.