Near-term uncertainty about end-market chip demand in 2002 keeps SEMIndex down

JUNE 10--Despite improved global chip-equipment bookings the past quarter, the US SEMIndex, a market-weighted equity index of 48 US-based manufacturers of semiconductor equipment and materials, was down 2.82%, moving from 182.30 to 177.16, according to Semiconductor Equipment and Materials International (SEMI; San Jose, CA).

Jun 10th, 2002

JUNE 10--Despite improved global chip-equipment bookings the past quarter, the US SEMIndex, a market-weighted equity index of 48 US-based manufacturers of semiconductor equipment and materials, was down 2.82%, moving from 182.30 to 177.16, according to Semiconductor Equipment and Materials International (SEMI; San Jose, CA). By comparison, the tech-laden NASDAQ Composite Index lost 1.73%
this week, and the Philadelphia Semiconductor Index (SOX) decreased 2.29% during the same period.

The global SEMIndex, a composite index of 66 global SEMI members in the USA, Japan, and Europe, was down 4.65% the past five days, from 178.78 to 170.46.

The global SEMIndex is comprised of public semiconductor equipment, materials, and related services companies with individual market capitalizations of $50 million (US equivalent) or more. SEMIndex is updated throughout the global trading day and maintained on SEMI's investor Web site www.semindex.org.

The SEMIndex differentiates the stock performance of global semiconductor equipment and materials (SEM) public companies from the SOX index, a more semiconductor-specific equity index comprised of 12 US-only chip manufacturers and four of the largest SEM sector US public companies.

SEMIndex was initiated on January 4, 1999, at a value of 100. It is produced for SEMI by InvestorCom Inc. (New York).

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