Market Pulse: Chip equipment orders fell 21% in Q1Tuesday May 10, 6:31 pm ET By Matt Andrejczak
SAN FRANCISCO (MarketWatch) -- Worldwide chip equipment bookings in the first quarter fell 21% to $7.25 billion compared to the year-ago period, according to SEMI, an industry trade group that collects data from 150 companies. The figure is 12% below the total for the preceding quarter. Billings -- orders that have been shipped -- were $9.35 billion in the first quarter, up 2.3% from the year-ago period.
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