Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 252.25

+0.9%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tony Viola who wrote (35632)	7/7/2000 9:02:12 AM
From: Proud_Infidel	Read Replies (1) of 70976

Borrowed from the CYMI thread: Taiwan Semiconductor Manufacturing Co's (TSMC) (NYSE:TSM - news) chairman said on Friday he saw the current semiconductor boom lasting at least another two years, taking issue with a research report forecasting a coming downturn. TSMC Chairman Morris Chang said Salomon Smith Barney's decision to downgrade the entire semiconductor sector, which caused a sharp fall in U.S. chip shares on Wednesday, was based on weak evidence. ``Put simply, I completely disagree with this point of view,'' Chang told a news conference. ``He (Salomon analyst Jonathan Joseph) talks about capital equipment growth rates and I don't think this is a very good correlation,'' Chang said. ``He also talks about shortages of passive capacitors and that has nothing to do with semiconductors.'' ``I can't say that semiconductors are no longer cyclical but think the best and most bountiful part of this cycle will come at the earliest in mid 2002,'' he added. Salomon's Joseph said he found ``evidence of a trend reversal in decelerating industry unit shipments,'' citing evidence such as a peak in capital spending growth and shrinking lead times in tantalum capacitors for mobile phones. TSMC is the world's largest dedicated microchip foundry, or contract chipmaker.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next