8 22 September 2026 Global Semiconductor Capital Equipment China WFE Import Tracker (Aug 2026): Aug YTD YoY -4%, import growth stronger in 2H Qingyuan Lin, Ph.D. +852 2123 2654 qingyuan.lin@bernsteinsg.com Stacy A. Rasgon, Ph.D. +1 213 559 5917 stacy.rasgon@bernsteinsg.com David Dai, CFA +852 2918 5704 david.dai@bernsteinsg.com Kai Zhang +852 2123 2665 kai.zhang@bernsteinsg.com Francis Ma +852 2123 2626 francis.ma@bernsteinsg.com Eva Zhang +1 212 845 7839 eva.zhang@bernsteinsg.com Carmine Milano, CFA +44 20 ...

We attended the SEMICON West Conference in San Francisco, California on October 13-14 and met with Applied Materials, Lam Research, Teradyne, Camtek, Onto Innovation, MKS Instruments, and a variety of other companies across the industry. Overall, we came away from the event with an incrementally positive view on WFE growth for 2027 and 2028 - consistent with our recent WFE outlook. We highlight key industry takeaways, along with company-specific takeaways below: WFE trends: Although companies avoided giving ...

October 19, 2026 04:01 AM GMT M Update Semiconductor Capital Equipment | North America SEMICON West Recap 2027 is a very different setup to 2026 We went into SEMICON West expecting significant positive commentary on broader industry trends, silicon photonics and related testing, and advanced packaging. While the overarching sentiment was one of industry excitement, we came away somewhat ambivalent. Beyond the broad consensus that "everyone is excited," our key takeaways are as follows: 1) 2026 vs. 2027 - A ...