This earnings season, the performance of the semiconductor equipment sector was generally satisfactory to me. The characteristic of this sector is a slow bull market, especially for leading semiconductor equipment stocks. The four giants ASML $ASML, Lam Research $LRCX, KLA $KLAC, and Applied Materials $AMAT, regardless of their performance on earnings day, are all now at new highs when looking at their stock prices. This is mainly due to their strong fundamentals.