Fab equipment spending is projected at USD 149 billion in 2026.
Why this market is moving now
- Global 300mm fab construction spending is projected to grow 23% in 2026 and 33% in 2027.
- Construction is set to start on 20 new 300mm fabs or lines in 2026 and 18 more in 2027.
- Fab equipment spending was raised to a projected USD 149 billion for 2026 in October 2026.
- Chip sales hit a record USD 795.6 billion in 2025, which supports new capacity.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| Global construction spending on 300mm semiconductor fabs is projected to rise 23% to USD 47.5 billion in 2026, then 33% to USD 63.3 billion in 2027 and USD 68.4 billion in 2028. | 47.5 USD billion | 2026 | |
| Excluding pure R&D fabs, construction is projected to begin on 20 new 300mm fabs or lines worldwide in 2026 and 18 in 2027. | 20 new fabs or lines | 2026 | |
| The United States accounts for three of the new 300mm fab construction starts projected worldwide in 2026 and four in 2027. | three US construction starts | 2026 | |
| 13 new 300mm fabs or lines worldwide are projected to begin operations or ship first silicon in 2026, rising to 23 in 2027. | 13 fabs or lines starting operation | 2026 | |
| Global 300mm front-end fab equipment spending is projected to reach USD 149 billion in 2026, up 31%, and USD 227 billion in 2029. | 149 USD billion | 2026 | |
| 300mm fab equipment investment in the Americas is projected to more than double from USD 18.1 billion in 2026 to USD 40.6 billion in 2029. | 40.6 USD billion | 2029 | |
| China is expected to lead 300mm fab equipment spending with USD 94 billion over 2026 to 2028, ahead of Korea at USD 86 billion and Taiwan at USD 75 billion. | 94 USD billion (China, 2026 to 2028) | 2028 | |
| Global semiconductor sales reached a record USD 795.6 billion in 2025. | 795.6 USD billion | 2025 | |
| US-headquartered companies held 53.4% of worldwide semiconductor sales in 2025, the highest US share since 1984. | 53.4 % of world sales | 2025 | |
| Micron's net capital expenditures were USD 27.37 billion in fiscal 2026 across its global operations. | 27.37 USD billion | 2026 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Companies to watch
Micron Technology
Memory maker with net capital expenditures of USD 27.37 billion in fiscal 2026.
TSMC
Contract chipmaker with 12-inch fabs in Taiwan, Arizona in the United States and Kumamoto in Japan (
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
- Ready-to-use charts
- Method note and assumptions
- Written to order in 5 working days
Frequently asked questions
How big is the global semiconductor fab construction market?
Global 300mm fab construction spending is projected at USD 47.5 billion in 2026, USD 63.3 billion in 2027 and USD 68.4 billion in 2028.
How many new chip fabs are being built worldwide?
Construction is projected to begin on 20 new 300mm fabs or lines worldwide in 2026 and 18 in 2027. 13 new fabs or lines are set to start operating in 2026.
Which countries spend the most on new chip fabs?
China is expected to lead 300mm equipment spending with USD 94 billion over 2026 to 2028, followed by Korea at USD 86 billion and Taiwan at USD 75 billion.
How many new fabs are being built in the United States?
Three new 300mm fab construction starts are projected in the United States in 2026 and four in 2027. Americas equipment spending is set to rise from USD 18.1 billion in 2026 to USD 40.6 billion in 2029.
How much is spent on fab equipment?
Global 300mm fab equipment spending is projected to reach USD 149 billion in 2026, up 31%, and USD 227 billion in 2029.
How big is the global chip market?
Global semiconductor sales reached a record USD 795.6 billion in 2025. US-headquartered companies held 53.4% of the total.
Free sample
Get a free sample of this report
We send the table of contents, two sample chapters and the method note, usually within one working day. It is free to ask.
- Full table of contents
- Two sample chapters
- Method note and data outline