Zeev's Turnips Patch-No Politics (ZEEV)

[earlyapex]

Sorry, I stand corrected. I thought your chart was chip shipments on the left versus chip bookings on the right, instead of equipment bookings on the right. I guess no conclusions can be made from this. Equipment bookings will probably lag chips by several quarters on any up turn. Semi manufacturers have been building die bank for three years now and there is a glut of fab capacity.