Advantech expects its business with US semiconductor equipment makers to grow 120% in 2027, following a projected 70% increase in 2026, MoneyDJ reports.
The industrial computer supplier says higher capital spending by chipmakers is driving the growth. Medical equipment remains its largest US market, but semiconductor equipment is catching up.
Advantech’s overall US book-to-bill ratio stood at 2.15 at the end of August. Management expects it to be around 2 at year-end.