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Technology Stocks : Atmel - the trend is about to change
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: stpeter who wrote (13419)6/4/2004 12:13:20 PM
From: tech101  Read Replies (1) of 13565
 
TOKYO--Research company Gartner on Wednesday became the latest group to project strong growth in global chip demand, saying semiconductor sales are likely to grow more than 25 percent this year, followed by a 15 percent gain in 2005.

Over the next five years, global chip demand is expected to grow 69 percent to $299.3 billion in 2008, up from $177.2 billion in 2003, Richard Gordon, a research vice president for Gartner, told a seminar.

"I think the market--I know the market--is recovering very strongly in 2004," Gordon said. "I guarantee you we'll see growth in excess of 25 percent this year."

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