UBS TeraFab report: $135B WFE spend over 5 years scaling to $50B+/year by 2030/2031. Routed the 4 strongest WFE pure-plays named in the UBS supplier table: ASML (EUV monopoly, HL perp), AMAT (5-category breadth, HL perp), LRCX (etch/deposition memory leader, RH shares), KLAC (process control majority share, RH shares).
originalThis equates to ~$135B in WFE spend over the next 5 years. Orders have already been placed for a ~$5B pilot line for C2027, growing to ~$10B in C2028.
This equates to ~$135B in WFE spend over the next 5 years. Orders have already been placed for a ~$5B pilot line for C2027, growing to ~$10B in C2028.
It may include an initial fab cluster of ~80k wafer starts per month (wsm) for memory and two 20k wsm foundry/logic fabs.
The Terafab targets the complete semiconductor pipeline—including a mask shop, leading foundry/logic & memory process flows, packaging, and testing—enabling rapid "design/build/test/redesign" cycles.