Brian, If true, that is good news, IMO, for the semi-equips. If the chip companies continue to do well, and sales hold up, they will have money to buy cap ex.
<<Computer chip sales have recovered from a "hiccup" caused by anxiety surrounding the Nov. 2 U.S. presidential election, an Advanced Micro Devices Inc. (NYSE:AMD - News) executive said on Tuesday.>>
Also, I don't know if the numbers below are right, but if so, overproduction of 1B out of 200B per year hardly seems like a problem(since about 4B a week is being sold, 1B is a little over 1 day of "overproduction" - WOW!).
<<The $200 billion chip industry, which has been hurt by overproduction and a $1 billion glut of unsold products, is bracing for sharply slower sales growth next year. While chip sales are expected to be strong for the final three months of this year, anxiety ahead of the U.S. election hurt business at some retailers.>> |
