McClean Report June 2025: Foundry Market Overview and Forecast

Get the latest: The foundry market grew 15% to $157.7B in 2024, set to hit $296.7B by 2029. See TSMC’s lead, Intel and Samsung’s 2nm push, and rising compound semiconductors.

The worldwide semiconductor foundry market surged by 15% in 2024 to $157.7 billion, and is forecast to grow to $296.7 billion by 2029. TSMC remains the pure-play foundry leader. Its leading-edge 3nm, 5nm, and 7nm process technology accounts for three-fourths of TSMC's quarterly revenue. Intel and Samsung, both IDM foundries, are poised for growth but a lot is riding on the success of their 2nm process technology. Compound semiconductors (GaAs, GaN, etc.) and silicon photonics are driving growth for specialty foundry operators.