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Forecast: Semiconductor Capital Spending, Wafer Fab Equipment and Capacity, Worldwide, 3Q21 Update
WFE revenue will increase by 34.3% in 2021 as IDMs and foundries invest heavily in leading edge logic and major memory suppliers return to investing in new capacity. Growth will continue into 2022, but will decline in 2023 and 2024 as manufacturers pause to digest the new capacity.