Semiconductor Industry CapEx To Plunge 18% In 2019

..spending on chipmaking equipment in 2019 would collapse as concern about a global trade recession, fueled by a deepening trade war, could be imminent.......The industry trade group said sales are expected to drop 18% this year to $52.7 billion, the first decline in over four years; the trade group initially projected an 8% decline to $59.6 billion.

 

 

 

 

 

 

 

 

https://www.zerohedge.com/news/2019-07-12/worldwide-semiconductor-equipment-sales-collapse-2019-no-bottom-until-1q20

 

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