Bounceback In Equipment Market

For three months, beginning in July, the major index by which the U.S. semiconductor manufacturing equipment gauges its health took a dip, leaving executives in a highly cyclical industry in nail-biting mode. Since then, however, they seem to have recovered some of their composure. At the center of this angst is SEMI’s book-to-bill ratio, which is a three-month moving average of bookings a... » read more