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Chip industry projected to ments in semiconductor manufacturing are
invest $500B+ in new factories critical to laying the groundwork for secu-
lar growth driven by a diverse range of
MILPITAS, Calif. — The worldwide emerging applications.”
semiconductor industry is projected
to invest more than $500 billion in 84 Investments by region
volume chipmaking facilities starting In the Americas, the U.S. Chips and Sci-
construction from 2021 to 2023. ence Act has vaulted the region into the
lead worldwide in new capital spending as
Investment drivers the government investment spawns new
The investment, said SEMI in its latest chipmaking facilities and supporting sup-
quarterly Fab Forecast, is driven by auto- plier ecosystems.
motive and high-performance computing.
From 2021 through next year, the Ameri-
The projected growth in global factory cas is forecast to start construction on 18
count includes a record high 33 new semi- new facilities.
conductor manufacturing facilities start-
ing construction this year and 28 more in China is expected to outnumber all other
2023. regions in new chip manufacturing facili-
ties, with 20 supporting mature technolo-
“The latest SEMI World Fab Forecast up- gies planned.
date reflects the increasing strategic im-
portance of semiconductors to countries Propelled by the European Chips Act, Eu-
and a wide array of industries worldwide,” rope/Mideast investment in new semi-
said Ajit Manocha, SEMI president and conductor facilities is expected to reach a
CEO. historic high for the region, with 17 new
fabs starting construction between 2021
Government incentives and 2023.
The report underscores the significant im-
pact of government incentives in expand- 14 new fabs projected in Taiwan
ing production capacity and strengthening Taiwan is expected to start construction on
supply chains. With the bullish long-term 14 new facilities, while Japan and South-
outlook for the industry, rising invest- east Asia are each projected to begin
building six new facili-
ties over the forecast
period. Korea is fore-
cast to start construc-
tion on three large
facilities.
The updated Fab Fore-
cast report lists more
than 1,470 facilities
and lines globally, in-
cluding 162 volume
facilities and lines with
various probable start
times. semi.org
