Semiconductor sales rose last week, though the w/q growth is cooling substantially. The IC weather was mixed as it cooled 2°F for the week. Focusing on last week's NAND picture, both y/y sales growth and its MA ran around 20% last week. It still has the lowest growth of any segment. DRAM and Auto ICs continued to have the strongest growth last week, followed by Logic, Analog & Power, with NAND in the rear. However, growth has sunk to more reasonable levels from extreme highs at the end of March, with Auto the exception.
VLSI's IC Supply/Demand held in Shortage conditions but IDM's pulled back a notch. There were also significant pullbacks in DRAMs and OSATs, slight ones in Foundry, Auto, and Analog & Power. NAND tightened. IC Wafer Fab Production levels slipped back but are still well above 2020 levels.
Electronics' Prices are showing signs of bottoming on a weekly basis, though the 13 week MA is down.