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Global Semiconductor Manufacturing Equipment Investment to Drop in 2023

SEMI, the global industry association for semiconductor manufacturing, has released its latest forecast for investment in semiconductor manufacturing equipment on March 21, 2023. The report projects a 22% decline in investment for 2023 compared to 2022, followed by a 21% increase in 2024.

The data reveals that global investment in semiconductor manufacturing equipment will peak at a record high of $98 billion in 2022. However, this figure is expected to drop by 22% to $76 billion in 2023. This drop is attributed to lower demand for semiconductors and an increase in stockpiles for consumer and mobile devices.

Nevertheless, the inventory. . .

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