Moving into unchartered territory

    The Chip Insider®
    Semiconductor Equipment Weather Report: March 19, 2020
    Moving into unchartered territory
    • Order activity for semiconductor equipment crashed 17 points amid growing fears of a pandemic-induced recession
    • The world economy is likely in a recession due to the accelerating shutdown of economic activity
    • This significant disruption will have a big impact on end demand, especially on the consumer side, which appears to be the most at risk
    • Central banks and governments around the world are announcing stimulus packages to soften the blow
    • We have cut the forecasts across the board in March to reflect the significant disruption caused by the coronavirus pandemic in Electronics, ICs, and Equipment
    • The Chip Price Performance Index (CPPI) slid 1 point
      • DRAM fell
      • NAND fell
      • MPUs declined