The changing U.S. trade policy toward China, supply chain issues propelled by the Russia-Ukraine war, and the Fed’s aggressive monetary policies have damped the demand for semiconductors over the past few months.
However, in its latest quarterly World Fab Forecast report, SEMI announced that the worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023. This reflects the increasing strategic importance of semiconductors to countries and a wide array of industries worldwide.
