Global semiconductor investment dips for first time in 4 years – Nikkei Asia

Intel, TSMC and Micron grow cautious amid Chinese economic slowdown
TOKYO — Investment by 10 of the world’s top chip manufacturers is slated to fall 16% on the year to $122 billion in fiscal 2023 as the push for capacity expansion gives way to concerns over the Chinese economy and a supply glut.
The decline is the first since fiscal 2019 and the largest in the past 10 years.
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