Investors may focus on the cyclical downturn in the chip industry, he wrote.

投资者可能会专注于芯片工业周期性的低迷阶段，他如是写道。

youdao

Entrepreneurs need friends and maybe family to get them through this cyclical downturn in order to jump start their companies.

企业家需要朋友也许是家庭的帮助，让他们跨过这种周期性衰退，以便重新启动他们的公司。

youdao

This is giving the US consumer a false sense of wealth and wellbeing, he believes, arguing that US data merely reflect a temporary upswing in a large cyclical downturn.

他认为，这给美国消费者带来了一种虚假的富有和幸福的感觉，他辩称，美国数据只是反映出一段大规模周期性低迷期间出现的暂时回升。

youdao

The issue: he is more concerned than others about a cyclical downturn in chip demand.

FORBES: Connect

Their cement business will also come under pressure because the sector is on a cyclical downturn.

FORBES: Magazine Article

However, developing Asia faces a challenge more fundamental than riding out another cyclical downturn in the West.

ECONOMIST: Banyan