2024 Wafer Fab Equipment revenue will remain stable before a 2025 surge

Summary
Wafer Fab Equipment (WFE) revenue is projected to grow by 1.3% in 2024, reaching $108.1B, driven by increased expenditures in advanced logic, NAND, and DRAM memory. Service and support revenue is expected to rise 6% to $23.5B due to higher fab utilization.
Yole Group

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