Americas Technology_ Semiconductor Capital Equipment_ Modest Cut to 2025_26 Wafer Fab Equipment Market Forecasts; Maintain Bu...
standard chartered·2024-10-07 16:08
1 October 2024 | 9:31PM EDT _ Americas Technology: Semiconductor Capital Equipment Modest Cut to 2025/26 Wafer Fab Equipment Market Forecasts; Maintain Buys on AMAT/LRCX/KLAC We adjust our 2024/25/26 Wafer Fab Equipment market forecasts by +1%/-4%/-5%, and now expect the market to grow 7%/12%/8% yoy, respectively. By application, we are raising our out-year estimates for Foundry (i.e. primarily TSMC), while we are reducing the outlook for NAND and Logic/Other (i.e. primarily Intel and Texas Instruments). De ...