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Forecast: Semiconductor Foundry Revenue, Supply and Demand, Worldwide, 3Q21 Update
Higher wafer selling prices secured by the long-term agreements with chip vendors provide foundries a better business outlook. Foundry revenue will grow by 22.6% to reach $95B in 2021, followed by 11.9% growth in 2022. Elevated capital spending will result in foundry oversupply during 2024 to 2025 as fab utilization rate dips below 80%.