Jefferies sees semiconductor equipment growth through 2028

[Inside Bright Advanced Semiconductor Production Fab Cleanroom with Working Overhead Wafer Transfer System] SweetBunFactory Jefferies expects the semiconductor production equipment market to keep expanding through 2028, even as concerns about AI investments, data center construction and memory prices weigh on sector. Semiconductor companies and equipment makers had expressed more optimism about business fundamentals in their September-quarter earnings results, while stock market concerns about future risks had widened the gap between current performance and share price expectations.