---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000865230.md"
description: "Goldman Sachs: WFEOverall Market Growth> Significant Upward Revisions: Goldman Sachs has revised its total WFE forecasts upward, projecting $150B in 2026 (a 6% increase over old estimates) scaling up significantly to $281B by 2028 (+35% vs. old estimates).> Strong Year-over-Year (YoY) Momentum: Total WFE year-over-year growth is expected to peak at +45% in 2027, following a robust +36% in 2026.Segment Breakdown (DRAM & Foundry/Logic Lead)> Foundry/Logic Drive: Foundry and Logic segments account for the largest share, with 2026 spending estimated at $92B (+9% revision) growing rapidly to $162B by 2028.> DRAM Surge: DRAM is forecasted for explosive growth, moving from $48B in 2026 to $97B by 2028, reflecting persistent high demand with YoY growth rates staying above 35%.> NAND Lagging: In contrast, NAND is experiencing downward near-term revisions (-4% to -$13% compared to older estimates), though it is still expected to recover toward $22B by 2028.Regional Trends (China vs. Ex-China)> Sustained China Demand: China continues to command a robust appetite for WFE investments, expected to contribute $44.3B (29% of total WFE) in 2026 and peaking around $60.7B by 2028.> Ex-China Expansion: The rest of the world (Ex-China) accounts for the lion's share of spending, projected to accelerate from $106.0B in 2026 up to $220.2B (78% of the market) by 2028.(Cred @knockouttrader)$Applied Materials(AMAT.US) $Lam Research(LRCX.US) $ACM Research(ACMR.US)"
datetime: "2026-08-23T18:06:46.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000865230.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000865230.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000865230.md)
author: "[Equity research](https://longbridge.com/en/profiles/2071818324550963200.md)"
generator: "portal-rs"
---

# Goldman Sachs: WFEOverall Market Growth> Signif…


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## Comments (1)

- **Aurelius · 2026-08-24T03:43:27.000Z**: that lines up with the street for next year, morgan stanley has 149 and semi 144. it's the out year where this one sits alone, ms is at 215 and semi lands nearer 200.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**