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23 May 2024

Equity Strategy - Global Semiconductors:
Advancing to Next-gen Wafer

A 5 minute read
Story of the day:

The rapid advancements in graphics processing unit (GPUs) and High-bandwidth Memory (HBM) have significantly increased the complexity and technological requirements for chip packaging in recent years. Advanced downstream packaging business will increasingly become more significant to the revenue and profit mix among foundries and integrated device manufacturers (IDMs).

 

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What does this mean for your portfolio?

- Foundries and IDMs are expanding into advanced packaging to capture new business opportunities.

- Advanced packaging is a new growth area for foundries and it is expected to outpace the growth rate of traditional packaging.

- Packaging as new contributor in addition to wafer fabrication, overall foundry revenue to register strong growth in 2024.

We like these:

Foundries, and integrated device manufacturers (IDMs).

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