Bank of America raises its expectations for semiconductor equipment spending; Applied Materials and Lam Research Group remain the top preferred stocks

2026-04-09 06:27:36

Applied Materials and Lam Research Group remain the U.S. Bank’s preferred stocks in the semiconductor equipment sector, because the bank now believes equipment spending will continue to grow. Analysts say 2026 chip equipment spending will reach $140 billion, 2027 will reach $171 billion, and 2028 will reach $193 billion, compared with earlier forecasts of $131 billion, $150 billion, and $155 billion, respectively. (Kechuangban Daily Express)

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