Gartner Research

Forecast Analysis: Semiconductor Capital Spending and Manufacturing Equipment, Worldwide

Published: 26 April 2022


Semiconductor capex will grow 22.2% to $185.3 billion in 2022, following 37.5% growth in 2021. Growth reflects leading-edge logic players and foundries investing in advanced-node technology transition and in legacy nodes due to chip shortages, and memory players returning to expanding capacity.

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Forecast Assumptions
  • COVID-19-induced supply chain uncertainties, technology sovereignty and national security concerns have led the U.S., Japan, China and EU to consider national incentives to encourage domestic chip manufacturing.

  • Blended average selling prices (ASPs) for the foundry industry as a whole will increase 10.4% to $1,264 per 200 mm equivalent wafer in 2022, following last year’s 11.5% price increase. This will be driven by the long-term agreements signed recently between foundries and customers.

  • DRAM will move into an undersupply from 2Q22 through 1Q23, resulting in a 1.4% shortage for all of 2022, before increased supply and weaker demand push it into

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Gaurav Gupta Bob Johnson

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