fab equipment spending

Global fab equipment spending promises to crawl out of a gloomy 2019 and see a modest recovery this year before a sharp uptick drives record investments in 2021 in a vivid display of the decades-old cyclicality playing out in the semiconductor industry.

Compared to the first half of 2019, the second half smacks of a recovery, with fab equipment spending revised upward to show a stronger 2019 overall in the latest update of the World Fab Forecast report, published by SEMI.