Next year’s fab equipment spending recovery will be driven in part by the end of the semiconductor inventory correction in 2023 and strengthening demand for semiconductors in the high-performance computing (HPC) and automotive segments.
“This quarter’s SEMI World Fab Forecast update offers our first look ahead to 2024, highlighting the steady global expansion of fab capacity to support future semiconductor industry growth driven by the automotive and computing segments and a host of emerging applications,” said Ajit Manocha, SEMI president and CEO. “The report points to a healthy 21 % uptick in equipment investment next year.”
Covering 2022 to 2024, the SEMI World Fab Forecast report shows the global semiconductor industry increasing capacity by 4.8 % this year after a 7.2 % rise in 2022. Capacity growth is expected to continue in 2024, rising 5.6 %.
The latest update of the SEMI World Fab Forecast report, published in March, lists 1,470 facilities and lines globally, including 142 volume facilities and lines with various probabilities that are expected to start production in 2023 or later.
