According to a new report by Intel Market Research, the global Semiconductor Foundry Service market is experiencing rapid expansion, with the market valued at USD 122.25 billion in 2024 and projected to reach USD 261.31 billion by 2032, growing at a CAGR of 11.7% during the forecast period.
Semiconductor foundry services play a critical role in the global electronics ecosystem by manufacturing integrated circuits (ICs) for fabless semiconductor companies. Rising demand for advanced chips used in AI applications, high-performance computing (HPC), 5G smartphones, automotive electronics, and IoT