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