According to market research firm Strategy Analytics, the Q2 semiconductor contract manufacturing market achieved double-digit revenue growth in 2022. With the exception of Intel Corp, other wafer foundry factories have grown. Taiwan Semiconductor Manufacturing Co Ltd achieved double-digit growth in wafer shipments, but lagged behind in pricing mature nodes. The Global Foundries wafer ASP is currently close to $3000. Taiwan Semiconductor Manufacturing Co Ltd and GloFo both reduced capital expenditure, while Semiconductor Manufacturing International Corporation and United Microelectronics kept expectations.