2023 is starting off with a blizzard

Shereen Vaux
Shereen Vaux
  • Order activity for semiconductor equipment continued to decline, falling to a chilly 50 degrees
  • The decline moderated last week with only memory and DAO retracting
  • It should not come as a surprise that Memory is at freezing levels as chipmakers grapple with weak end-demand and severe levels of inventories
  • Memory hasn’t been this low since September 2019
  • Clearly, the memory market is amid a significant downturn, forcing several manufacturers to cut wafer production and CapEx
  • TechInsights’ Chip Price Performance Index continued to lose ground
    • DRAM fell
    • NAND slipped
    • MPUs flat
  • Inventory-to-Billings ratio continues to warn

Semiconductor Inventory

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