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. . .
