Money Pours Into New Fabs And Facilities
Fabs, packaging, test and assembly, and R&D all drew major funding in 2023. Companies poured money into offshore locations, such as India and Malaysia, to access a larger workforce and lower costs, while also partnering with governments to secure domestic supply chains amid ongoing geopolitical turmoil.
Looking ahead, artificial intelligence (AI), quantum computing, and data applications look set to leverage those investments as emerging technology draws interest from consumers and the markets.
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