Global wafer foundry industry to see over 10% CAGR in revenues from 2024-2029, says DIGITIMES Research

The global wafer foundry industry will grow by a compound annual growth rate (CAGR) of 11.5% from 2024 to 2029, reaching US$270 billion, driven by AI and high-performance computing (HPC) applications that will gear up demand for advanced processes and advanced packaging making them the primary growth driver for the sector, according to DIGITIMES Research's latest report forecasting the global wafer foundry industry performance until 2029.