Silicon AnalyticaExplore the machines, processes and suppliers that turn semiconductor designs into manufactured chips—and how investment flows through this essential industry.
Theme
Semiconductor Equipment
The machines, processes and suppliers that turn chip designs into manufactured chips.
Start hereWhere Every $100 of Chipmaking Equipment Spending GoesA visual guide to lithography, etch, deposition and the companies supplying the machines behind semiconductor manufacturing.Companion analysisBeyond the Machine Sale: Who Captures the Next Wave of Equipment Spending?How process complexity, service revenue and changing competition shape the economics of semiconductor equipment.
“Per $100” is a Silicon Analytica normalization of the same 2024 shares. It is not a factory budget or the cost of one chip.
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- Morningstar
- Technology Observer: Wafer Fabrication Equipment ↗
- Published: October 2025 · Data period: 2024 (market mix); company-reported service revenue
- Location: p. 25, Exhibit 23 (2024 WFE mix, Morningstar/Gartner); p. 26–27, Exhibits 24–25 (vendor exposure); p. 28–30 and p. 29, Exhibit 27 (services)
- Third-party estimate using Gartner market data. The services share is an aggregate for the six companies Morningstar covers, not each company’s share.
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Chipmakers’ capital-expenditure plans, equipment suppliers’ service growth, and whether Chinese suppliers extend share beyond CMP, etch and deposition.