The Twelve-Month Rule Does Not Describe a New Fab

The Twelve-Month Rule Does Not Describe a New Fab
by Admin on 08-23-2026 at 10:00 am

capex to wafer starts lag

By Nikhil Shah

Capital spending is often treated as if it becomes semiconductor capacity about twelve months later. That can be a useful rule for equipment installed in an existing fab. It is a poor description of a new fab built from the ground up.

I tested the distinction using five advanced-node projects in the United States where… Read More