Flexible Electronics News

SEMI Projects Semiconductor Capacity to Reach Record in 2024

Global semiconductor capacity is expected to increase 6.4% in 2024 after rising 5.5% to 29.6 wafers per month in 2023.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Global semiconductor capacity is expected to increase 6.4% in 2024 to top the 30 million *wafers per month (wpm) mark for the first time after rising 5.5% to 29.6 wpm in 2023, SEMI announced in its latest quarterly World Fab Forecast report. The 2024 growth will be driven by capacity increases in leading-edge logic and foundry, applications including generative AI and high-performance computing (HPC), and the recovery in end-demand for chips. The capacity expansion slowed in 2023 due to softe...

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