Last night marked the end of the first season of Halt and Catch Fire on AMC. Will it also be the end of the whole series? Does this freshman show deserve a sophomore season or should it be cancelled to make way for something new?

Halt and Catch Fire takes place in the 1980s and follows the team at Cardiff Electric as they try to take on IBM in the home computer market. The cast includes Lee Pace, Scoot McNairy, Mackenzie Davis, Kerry Bishé, Toby Huss, and David Wilson Barnes.

The series debuted on June 1st to just 1.2 million viewers and a 0.3 rating in the 18-49 demographic. Not a positive start. (Two months earlier, Turn had premiered to 2.1 million viewers and a 0.5 rating.) In week two, the audience grew to 1.4 million but then, viewership plummeted to just 765,000 in week three. The numbers got even worse in later weeks — dropping to 550,000 viewers.

Based on the ratings, there’s no reason to expect AMC to renew Halt and Catch Fire for a second season. Viewership just seemed to keep going lower and lower each week and that certainly didn’t inspire confidence with the cable channel execs.

Still, AMC has renewed ratings-challenged shows in the past, hoping that they just need time to grow (Turn, for example). Of course, they’ve also cancelled them too. Low Winter Sun was cancelled — and didn’t drop as low as Halt did.

Though there are some devoted fans, it seems highly unlikely that Halt and Catch Fire will be given a second season.

What do you think? Do you like the Halt and Catch Fire TV show? Do you think it should be cancelled or renewed for a second season? Are you satisfied with how the show ended if there’s only one season?

8/20 update: AMC has renewed Halt and Catch Fire for a second season.