TOKYO -- Annual capital spending by 10 major global semiconductor companies is expected to grow 7% to $135 billion, the first rise in three years, driven by suppliers of advanced chips for the generative artificial intelligence boom, Nikkei research shows.
Semiconductors
Semiconductor investment rebounds on AI, but not everyone is winning
While TSMC, SK Hynix and SMIC ramp up, struggling Intel cuts back
A semiconductor facility in China. Chinese investment in chip production is soaring. © Reuters
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