Gaming PC

U.S. Semiconductor Fab Boom Kicks Off

North America led the world in wafer fab equipment (WFE) spending growth in the first quarter, up 50% year-on-year as multiple chip makers began paying for new fab equipment capacity in the U.S., according to one report. recorded an increase in cicada report. Meanwhile, Taiwan remained the world leader in WFE spending as TSMC continued to source cutting-edge tools for its own factories in the country.

SEMI announced this week that global semiconductor equipment spending in the first quarter of 2023 reached $26.8 billion, up 9% year over year. Taiwan topped the list with $6.93 billion, up 42% year-on-year. China followed with her $5.86 billion, down 23% year-on-year. South Korea came in third with $5.62 billion, up 9% from Q1 2022. The U.S. was a distant fourth with her $3.93 billion, but still a 50% year-over-year increase.

(Image credit: SEMI)

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