BofA Raises Chip Equipment Outlook to $250 B, Intel Among Key Beneficiaries
INTC•Bank of America raised its global semiconductor equipment spending forecast to $190 billion in 2027 and $250 billion in 2028, citing AI infrastructure demand and expanded cleanroom capacity, naming Intel among the key beneficiaries. Asus also launched its AI-accelerated ExpertBook P5 G2 laptop powered by Intel processors, offering up to 55 NPU TOPS and 19-hour battery life.
1. Bank of America Upsizes Semiconductor Equipment Forecast
Bank of America boosted its 2027 wafer fabrication equipment spending estimate to $190 billion and its 2028 forecast to $250 billion, driven by anticipated AI infrastructure build-out, longer memory contracts and advanced packaging demand. Intel was highlighted as a prime beneficiary due to its ongoing capacity expansions and planned fab upgrades.
2. Asus Debuts AI-Accelerated ExpertBook P5 G2
Asus introduced the ExpertBook P5 G2 business laptop featuring Intel’s latest AI-optimized processors with up to 55 NPU TOPS, military-grade durability and enterprise security. The device promises up to 19 hours of battery life and starts at $2,629.99, representing a potential boost to Intel’s notebook processor shipments.
