All eyes are focused on 2023

Andrea Lati

• Order activity for semiconductor equipment continued to cool off, dropping by half a point to 83 degrees
• SOC Mobile, SOC Compute, and DAO are keeping the overall order activity in positive territory
  • More than offsetting the weakness in Memory, SOC Consumer, and Subcon/Adv. Packaging
• Within the equipment market there is bifurcation between WFE and the Back-end
  • WFE continues to grow despite weaker consumer demand
• On the other hand, Test & Assembly are feeling the impact of a weaker demand backdrop with sales expected to decline meaningfully in the second half of the year
• TechInsights’ Chip Price Performance Index plunged
  • DRAM declined
  • NAND slipped
  • MPUs fell
• Equipment orders are starting to turn down but remain at high levels