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Semiconductor Equipment Spending Will Head Higher in 2025: 1 Top Stock to Buy Before That Happens
ASMLASML Holding(ASML) The Motley Fool·2024-12-26 17:20

The semiconductor equipment industry saw a turnaround in 2024 following a difficult 2023 when sales slipped 1% to $106 billion, according to industry association SEMI. The good news is that the growth trajectory established in 2024 is likely to stay in 2025 and beyond.Sales of semiconductor equipment are forecast to increase by 6.5% in 2024 to $113 billion. More importantly, semiconductor equipment spending is expected to jump to a new record of $121 billion in 2025, followed by a much stronger jump in 2026 ...