The SIA stated that although this figure is slightly lower than the record high of $37.6 billion in January, it still reflects typical market trends.
In the American market, chip sales rose by 37.7% in February, Europe grew by 21.7%, and China increased by 16.4%.
SIA President and CEO John Neuffer stated: 'The Americas once again stood out, sales increased nearly 40% from the same period last year, and all major semiconductor product categories achieved year-over-year sales growth.'