TOKYO -- Investment by 10 of the world's top chip manufacturers is slated to fall 16% on the year to $122 billion in fiscal 2023 as the push for capacity expansion gives way to concerns over the Chinese economy and a supply glut.
Intel, TSMC and Micron grow cautious amid Chinese economic slowdown
This year's drop in chip investment is the largest in a decade. © Reuters
TOKYO -- Investment by 10 of the world's top chip manufacturers is slated to fall 16% on the year to $122 billion in fiscal 2023 as the push for capacity expansion gives way to concerns over the Chinese economy and a supply glut.