No, it is not.
However it depends upon what exactly it is and the plants culture. It could simply be the result of either water sitting for too long in the new growth or the result of a very minor insect attack. I can't tell which would be the case.
It appears to Me to be a Dendrobium phalaenopsis orchid. NOT to be confused with a Phalaenopsis orchid.
Yours needs to be grown warm, 60-70 at night, 78-85 during the day. It should get three to four hours of sun, watered well and then allowed to dry out a bit before watering again. It needs good air movement, feed it every three months with just a little fertilizer at 1/2 tsp per gallon.
If water sits too long and heats up, it can cause this blackened damage that you are seeing.
This type of orchid does not hold all of its leaves from year to year either. But as long as the pseudobulb is firm and green, it serves a purpose.
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