Sales of equipment used to make computer chip wafers are projected to rise 9% to $126 billion in 2026 and another 7.3% to $135 billion in 2027, driven by the expansion of capacity for logic and memory chips used in artificial intelligence, according to industry group SEMI. Most chips are made in Asia, with China, Taiwan, and South Korea expected to remain the top markets for equipment through 2027. Taiwan and South Korea are investing in advanced memory chips for AI, with Taiwan’s TSMC and South Korea’s Samsung and SK Hynix leading the way. All regions are expected to see equipment spending increase due to government incentives and specialty capacity expansions. The Netherlands-based ASML is the largest supplier of chip equipment, accounting for about a quarter of sales, followed by companies like Applied Materials, KLA Corp, Lam Research, and Japan’s Tokyo Electron.

Read more at Yahoo Finance: AI boom seen lifting chipmaking equipment sales 9% to $126 billion in 2026