Japanese Chip Gear Sales Seen Climbing 27% in Fiscal 2024 on AI
- Industry group expects memory capex to jump after September
- New AI-boosting chips and servers seen bolstering spending
A patterned wafer displayed at the Semicon Japan exhibition in Tokyo.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Sales of Japanese semiconductor equipment are expected to surge 27% to ¥4.03 trillion ($27 billion) in the fiscal year starting April, helped by demand for new AI-related spending, the Semiconductor Equipment Association of Japan said.
The industry group, which includes Tokyo Electron Ltd., Advantest Corp., and Screen Holdings Co., said it expected a “significant” recovery in spending by memory chipmakers in the September-March period on top of recovery from foundries and logic chipmakers. Growth is expected to continue at 10% in the following year through March 2026, it said.