Roads are icy as fog clouds visibility

Shereen Vaux

• Order activity for semiconductor equipment held at a chilly 50 degrees.
• All segments remained the same from last week, with the exception of Memory which continued to lose ground
• Memory continues at freezing levels as Chipmakers continue to digest the capacity binge from the last couple of years
• December data for UMC came in 3% higher than a year ago which is much lower than last month’s 15% Y/Y growth
• Nanya had an even worse December, which isn’t surprising given the Memory recession
  • Nanya was down a massive 65% Y/Y
• TechInsights’ Chip Price Performance Index increased for the first time in over ten months
  • DRAM jumped
  • NAND slipped
  • MPUs fell
• Utilization is being cut across the board