All eyes are focused on 2023

Andrea Lati
Andrea Lati
  • Order activity for semiconductor equipment resumed its decline, slipping 1.1 points in the first week of June
  • Despite the pullback, order activity remains robust and is pointing to continued expansion ahead
  • With the backlogs hovering at all-time highs and bookings stretching into 2023, the equipment market has plenty of runway left
  • The semiconductor market is also flying high but it’s beginning to encounter some air pockets, especially in the Memory market where bit shipments are slowing
  • Memory pricing has been holding up so far mainly because chipmakers and electronics OEMs continue to build inventory
  • TechInsights’ Chip Price Performance Index continued to trend lower, but at a slower rate
    • DRAM declined
    • NAND declined
    • MPUs declined
  • Inventories remain elevated

Semiconductor Inventory

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