India, April 2 -- Global 300mm fab equipment spending for front-end facilities is forecast to reach a record US $137 billion in 2027, after topping US $100 billion for the first time by 2025 on the strength of the memory market recovery, and strong demand for high-performance computing (HPC) and automotive applications, SEMI highlighted in its quarterly 300mm Fab Outlook Report to 2027 report.

Worldwide 300mm fab equipment investment is expected to increase 20% to US $116.5 billion in 2025, and 12% to US $130.5 billion in 2026, before hitting a record high in 2027.

"Projections for the steepening ramp of 300mm fab equipment spending in the coming years reflects the production capacity needed to meet growing demand for electronics across...