Global chip sales rose 7.3% to $49.01 billion in July from $45.67 billion in the same month last year, according to a press release from the Semiconductor Industry Association (SIA). Meanwhile, they were down 2.3 percent from June of this year.

“Global chip sales remained strong in July, but market growth has slowed significantly in recent months,” said SIA President and CEO John Newfer, quoted in the report. – “The year-over-year rate of climbing is down to single digits for the first time since December 2020.

Microprocessor sales in July in the Americas were up 20.9% from the same month a year earlier; up 15.2% in Europe; up 13.1% in Japan, and up 4.1% in Asia-Pacific and other regions. At the same time, they decreased by 4.1% in China.

Sales of chips relative to June in North and South America decreased by 2.3%, in China – by 3.5%, in Asia-Pacific and other regions – also by 3.5%. Meanwhile, in Europe the index increased by 2.7%, and in Japan – 0.6%.

SIA represents about 99% of the U.S. semiconductor industry and about 66% of chipmakers from other countries.

Earlier we reported that Germany is at risk of losing its entire industry.