Published: 10 June 2024
The semiconductor foundry market is projected to rebound in 2024 with 12.3% growth, after an 11.7% decline in 2023. Foundry capacity, shipments and utilization rates are trending upward in 2024 despite potential near-term weakness in the smartphone, PC and automotive sectors.
Foundries with advanced process node capabilities are venturing into and prioritizing the space of system-in-package development as soon as 2025, unlike traditional foundries, which function as pure-play manufacturers of wafers.
The percentage of AI-related applications requiring chips made with 4 nm and advancednodes for high-performance computing (HPC) is projected to triple from 2023 to 2026.
The semiconductor industry is bracing for a sixfold surge in fab capacity for 3 nm and finer advanced nodes by 2027 as compared to 2023, fueled by heightened competition among major foundries.
The semiconductor foundry industry experienced a rise in strategic alliance activity
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Analysts:
Thomas Chiang, Gaurav Gupta, Yashika Goyal
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