Re: ASML's strong orders ease fears AI spending boom is running out of steam

Feb 2000: Record orders for chip gear push SEMI index to four-year high

https://www.eetimes.com/record-orders-for-chip-gear-push-sem...

> Capital equipment suppliers have been increasing their forecasts for revenue growth in 2000 as chip manufacturers begin to add new wafer fabs and backend assembly plants. Last week, for example, Applied Materials Inc.–the world's largest semiconductor equipment supplier–announced it had increased its forecast for industry growth in wafer fab equipment sales to 46% from a projection of 19% at the end of last year (see Feb. 16 story).

> The strong wave of new orders “confirms the strength of the current market cycle,” said Stanley T. Myers, president of SEMI.

This time it's different.

scrlk, 4 hours ago