Visibility is low and the seas are rough

    The Chip Insider®
    Semiconductor Equipment Weather Report: April 8, 2020
    Visibility is low and the seas are rough
    • Order activity for semiconductor equipment pulled out of the dive, jumping nearly two points to 58 degrees
    • Despite the improvement, visibility for chipmakers and equipment suppliers is limited due to ongoing supply chain issues and end-demand worries
    • While the supply chain issues will subside with the easing of lockdowns, the near-term and mid-term impact of the pandemic on the economy will be substantial, resulting in a sizable downside pressure for chip the industry in 2020
    • The Chip Price Performance Index (CPPI) extended its decline
      • DRAM declined
      • NAND slid
      • MPUs declined