Forecast RisksThere appears to be a risk to consensus forecasts next year if order intake doesn't pick up further, leading to a recommendation to remain on the sidelines.
Semiconductor Equipment MarketThe Semiconductor Equipment market appears to have flat-lined, awaiting more consistent decisions by fabs on equipment capex.
Weak MomentumMomentum is positive but weak, as indicated by the 2Q and 3Q book-to-bill ratio still being less than 1.0x.