Comments on: Semi Equipment Orders Rise – Terrible News for Semis

By: Semi Equipment Orders Starting to Drop - Stock Market Beat - Our beat is the stock market. Our job is to beat it.

Fri, 16 Mar 2007 14:52:46 +0000

[...] The good thing about the downward revision, and also the decline in February, is that it restores some balance to at least the trend in equipment orders relative to end demand for semiconductors. Although supply (chip equipment orders) is still growing much faster than the roughly 10% growth in semiconductor demand, at least the rate at which the capacity is growing is starting to slow down again. Furthermore, the billings (which represent what is actually installed rather than orders, which may prove too optimistic) have been running at a slower rate than orders. The 22% growth of installed equipment is still well higher than what is needed, but has less far to fall. [...]

By: Semiconductor Oversupply: From Bad to Worse - Stock Market Beat - Our beat is the stock market. Our job is to beat it.

Mon, 05 Mar 2007 16:39:12 +0000

[...] It doesn’t sound so bad until you recall that orders for new semiconductor equipment rose four times as quickly. That is going to make the inventory situation, which is already bad, worse. [...]

By: Semis and Semi Equipment Overcapacity Not a Short Term Issue - Stock Market Beat - Our beat is the stock market. Our job is to beat it.

Wed, 21 Feb 2007 20:06:21 +0000

[...] The thing is, the overcapacity is just starting. Orders for new equipment began growing at a faster rate than end demand more than a year ago, and the trend has not reversed. Much of that equipment still has not been installed, and the latest figures suggest things will get even worse. [...]