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Global Chip Industry Projected to Invest More Than $500 Billion in New Factories by 2024, SEMI Reports
MILPITAS, Calif., Dec. 12, 2022 /PRNewswire/ -- The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing fueling the spending increases, SEMI announced today in its latest quarterly World Fab Forecast report. The projected growth in global factory count includes a record high 33...
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