It's Still Hot and Vistas Are Clear but Don't Forget the Mountainous Cycles

Andrea Lati

The Chip Insider®

• Order activity for semiconductor equipment resumed its decline, slipping 0.6 points to 112 degrees in the first week of April
  • Despite the recent breather, the order activity remains at elevated levels and is pointing to another strong year for the equipment market in 2022
• The biggest issues for equipment manufacturers this year are supply-related as demand remains strong
• The March data from the Taiwanese manufacturers was strong and in line with our expectations
• TechInsights' Chip Price Performance Index slipped at a faster clip
  • DRAM fell
  • NAND flat
  • MPUs slipped
• Equipment orders remain elevated, driving revenues up