Analysts expect a Q2 sales decline at seven out of the nine top chip equipment makers, including Applied Materials and Lam Research, amid a memory demand slump (Kentaro Tsutsumi/Nikkei Asia) 22-05-2023

Kentaro Tsutsumi / Nikkei Asia:
Analysts expect a Q2 sales decline at seven out of the nine top chip equipment makers, including Applied Materials and Lam Research, amid a memory demand slump — Stock prices on rise as investors factor in anticipated recovery, demand from AI — Demand for wafer fabrication equipment has been lackluster.