It's cold and gloomy

Shereen Vaux

• Order activity for semiconductor equipment continued to decline, falling to 56 degrees
  • The decline accelerated last week with all segments losing 2 or more degrees
• Major chipmakers are cutting utilization, particularly at the leading-edge, as end demand continues to shrink
• Memory is at a chilly 36 degrees and isn’t showing any signs of improvement
• SOC Compute fell 5 degrees, marking the largest decline this week
  • Demand has stalled, resulting in less order activity
• Macroeconomic headwinds continue to hurt consumer markets
• TechInsights’ Chip Price Performance Index extended its decline
  • DRAM fell
  • NAND slipped
  • MPUs slipped
• Utilization is falling across all wafer sizes