Goldman Sachs, in its research report published on August 23, stated that driven by better-than-expected Q2 earnings and an optimistic outlook from equipment suppliers, it has raised its year-over-year growth forecast for global Wafer Fab Equipment (WFE) from 32% to 36% for 2026, from 32% to 45% for 2027, and from 12% to 29% for 2028. Key growth engines include TSMC's N2 process expansion, HBM4 migration, and Intel's recovery, as well as investments in the SpaceX/Tesla Terafab project.