The turnover figure is 7.7% higher than the final level of September 2019 of 1960 million, and is 3.9% higher than the turnover level of October 2018 of 2030 million.

"Monthly invoices from North American equipment manufacturers posted their first year-over-year increase since October 2018 and are at their highest level since December of last year," said Ajit Manocha, president and CEO of SEMI. "Equipment invoicing is accelerating thanks to memory inventory reductions and foundry investments in cutting-edge equipment.".

The data contained in this press release was compiled by David Powell, Inc., an independent, unaudited financial services firm, from data submitted directly by participants.