Global chipmakers expected to spend nearly $400bn on advanced equipment

20251008N Silicon wafer

Spending on chip equipment is a key barometer of chip production capacity expansion and companies’ willingness to invest. © Reuters

CHENG TING-FANG and YIFAN YU

PHOENIX, Arizona — U.S. semiconductor investment is set to outpace that of major chip economies China, Taiwan and South Korea from 2027 amid a boom in AI demand and Washington’s push to localize production, a SEMI forecast showed.