Should chipmakers be preparing for a downturn?

Semiconductor vendors, chip equipment makers and their OEM and EMS provider customers were still trying to make sense of a crippling supply chain crisis when an old nemesis suddenly showed up at the tail end of the second quarter. Inventories are rising again and quicker than expected raising the specter of another one of the semiconductor market’s erratic boom and bust cycles. 

Source: Should chipmakers be preparing for a downturn?