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Merill Lynch Sees Semiconductor Capital Expenditure Upswing (AMAT)
(NewsTraders.com)--Merrill Lynch analyst Mark Fitzgerald is projecting a healthy increase in semiconductor capital equipment expenditures, which translates into benefits for companies poised to take advantage of the trend.
Fitzgerald singled out Applied Materials (AMAT), Novellus (NVLS) KLA Tencor (KLAC), Teradyne (TER), Credence (CMOS), ASM Lithography (ASML) and Asyst (ASYT) as potential beneficiaries from the spending rise.
The analyst sees a 40% increase in spending from 1999 levels and predicted that deep ultra-violet lithography, or DUV, tools will continue to be the product in the greatest demand in 2000.
Also expected to be hot items are products related to chemical mechanical polishing, or CMP, advance process control, high density plasma, also known as HDP, oxide etch and mixed signal testers. |
