Semiconductor Inventory Cycle
Semiconductor maker Book-to-Bill ratio. Reflects the demand cycle from IT devices to AI servers and EVs.
Market Impact
RISING / BULLISH
Bottoming out is a prime buying opportunity for tech stocks. Peaking suggests profit-taking time.
FALLING / BEARISH
Turning point from over-demand to over-supply. Early sign of economic slowdown.
Context 2026
The spread of Edge AI (AI processing on phones/PCs) has shortened and intensified the cycle. 2026 marks the end of inventory correction for general chips and a transition to next-gen standards.
OmniMetric Relevance
Medium. Used for Sector Rotation prediction in the GMS Score.