Having slashed its chip sales forecast 2 weeks ago, Gartner is now cutting its chip equipment...

|By:, SA News Editor

Having slashed its chip sales forecast 2 weeks ago, Gartner is now cutting its chip equipment forecast. In addition to lowering its 2011 growth estimate to 7.1%, Gartner is now expecting 2012 sales to fall 19.2%, compared with a prior forecast for just a 6.1% decline. Both trade association SEMI and industry bellwether AMAT have reported weak orders.