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Forecast Analysis: Semiconductor Foundry Services, Worldwide


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Summary

The chip shortage has led chip vendors to sign multiyear contracts with foundries. Foundry revenue will grow by 22.6% to reach $95.0 billion in 2021, followed by 11.9% growth in 2022. Elevated capital spending will result in oversupply in 2024 and 2025 as the fab utilization rate dips below 80%.

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