According to Semiconductor Digest in their article “SEMI Forecasts 69% Growth in Advanced Chipmaking Capacity Through 2028 Due to AI,” the global semiconductor manufacturing industry is set to see over 50 percent growth by 2028 in part because of the expansion of artificial intelligence (AI).

“A key driver of this growth is the continued expansion of advanced process capacity (7nm and below), which is expected to increase by approximately 69% – from 850,000 wpm in 2024 to a historic high of 1.4 million wpm in 2028 – representing a CAGR of around 14%, double the industry average,” Semiconductor Digest said.

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