According to the latest data released by IC Insights, a leading semiconductor analyst firm, shows that the three years from 2020-2022 will be the first three-year period since 1993-1995 when capital expenditures achieved double-digit growth.

IC Insights adjusted its 2022 global semiconductor capital expenditure forecast, which now shows a 21 percent increase this year to $185.5 billion, as follows：

This is a decrease from the $190.4 billion and 24% growth forecast earlier this year. Despite the downward revision, the revised capex forecast still represents a new high level of spending.

Utilization rates remain well above 90% for many IDM plants and 100% for many pure-play foundries in the first half of the year, as the economic recovery during the epidemic kept orders strong.

Semiconductor capital spending is now expected to reach $338.6 billion for the two years combined in 2021 and 2022. IDMs and foundries are investing heavily in expansions for the manufacture of logic and storage devices using leading-edge process technologies. However, strong demand and continued Engpasss of many other important chips, such as power Halbleiter, analog ICs and various MCUs, have led Lieferanten to increase manufacturing capacity for these products as well.

Despite all of this positive news, soaring inflation and a rapidly slowing global economy caused Halbleiterhersteller to reassess their aggressive expansion plans mid-year. Several (but not all) Lieferanten, particularly many of the leading DRAM and flash memory Hersteller, have already announced cuts to their capital expenditure budgets for the year. More Lieferanten are noting that they expect to cut capex in 2023 if they assess capacity needs based on the industry absorbing three years of strong spending and slowing economic growth.

source：aijiwei