International Semiconductor Industry Association SEMI in its annual semiconductor industry silicon shipments forecast report pointed out that this year's global silicon wafer shipments will grow 4.8% year-on-year, reaching a record high of nearly 14,700 million square inches.
SEMI expects the growth rate of silicon shipments to slow down next year. But in the next few years, with data centers, automotive and industrial applications for semiconductor demand is strong, silicon wafer shipments growth rate will rebound.