CHIPMAKERS ARE ON TRACK TO SPEND $ 152 BILLION ON NEW FACTORIES AND PRODUCTION EQUIPMENT IN 2021, UP 34% YEAR-ON-YEAR, THE STRONGEST YEAR-ON-YEAR GROWTH SINCE 2017

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Gourav Dashttps://yoursdailynews.com
Gourav Das is an irreverent copywriter and business writing coach. He's on a mission to stamp out gobbledygook and to make boring business blogs sparkle.

Chipmakers On Track To Spend $ 152 Billion On New Factories And Production Equipment In 2021, Up 34% YoY, The Strongest YoY Growth Since 2017– Semiconductor manufacturers have significantly increased their capital expenditures (CapEx) this year in response to unprecedented demand for chips that will last for years.

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