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2024 Global Fab Equipment Spending Recovery Expected After 2023 Slowdown - Vimarsana News

2024 Global Fab Equipment Spending Recovery Expected After 2023 Slowdown

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Global Fab Equipment Spending: On Track for 2024 Recovery After 2023 Slowdown - Vimarsana News

Global Fab Equipment Spending: On Track for 2024 Recovery After 2023 Slowdown

According to SEMI global fab equipment spending for front-end facilities is expected to decrease 22% year-over-year (YoY) to US$76 billion in 2023 from a record high of US$98 billion in 2022 before rising 21% YoY to US$92 billion in 2024 to reclaim lost ground.

Global Fab Equipment Spending on Track for 2024 Recovery After 2023 Slowdown, SEMI Reports - Vimarsana News

Global Fab Equipment Spending on Track for 2024 Recovery After 2023 Slowdown, SEMI Reports

MILPITAS, Calif., March 21, 2023 /PRNewswire/ -- Global fab equipment spending for front-end facilities is expected to decrease 22% year-over-year (YoY) to US$76 billion in 2023 from a record