Tokyo Electron Raises FY2026 Capital Expenditure by 48% to Record High, Bets on DRAM Etching Demand
Tokyo Electron Reportedly Raises FY26 CapEx 48% to Record High, Bets on DRAM Etching Demand
- 2026.1.9 (TrendForce)
As memory prices rise and AI spreads, demand for DRAM and HBM is increasing, and Tokyo Electron is raising capital investment and R&D to record levels, expecting to expand etching equipment sales. Additionally, global companies such as SK Hynix and Samsung Electronics, as well as backend semiconductor equipment manufacturers such as Hanmi Semiconductor, are pursuing HBM-related investments and capacity expansions; however, experts also point out that this could become a burden if demand slows following an economic overheating.
