Seeking Alpha

Gartner now sees chip equipment sales falling 17.4% in 2012 and 9.7% in 2013. That's easily...

Gartner now sees chip equipment sales falling 17.4% in 2012 and 9.7% in 2013. That's easily worse than prior forecasts of -13.3% and -0.8%, and is blamed on soft memory capex (perhaps a positive for MU and SNDK) and slow improvement in capacity utilization rates, which are expected to be under 80% at year's end. Applied Materials (AMAT) has already forecast a 5%-15% drop in industry sales in 2013, and TSMC recently provided slightly disappointing capex guidance.
Comments (1)
  • nScout
    , contributor
    Comments (171) | Send Message
     
    How accurate have Gartner's predictions been in the past?
    19 Dec 2012, 06:31 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|