Semiconductor Equipment Downturn Will Continue Through H1 2024

anilakkusI first wrote about a possible semiconductor equipment downturn in a June 24, 2021 Seeking Alpha article entitled “Applied Materials: Tracking A Likely Semiconductor Equipment Meltdown In 2023.” In the 31 months since I wrote that article, there have been significant mitigating factors impacting the semiconductor equipment markets: 1.The downturn was pulled into 2022 with poor sales of PCs and smartphones, as global economic activity experienced a broad-based and sharper-than-expected slowdown, ...