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Non-Tech : Kirk's Market Thoughts
COHR 163.48+5.8%10:36 AM EST
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To: Investor2 who wrote (7772)10/17/2019 12:56:24 PM
From: robert b furman2 Recommendations

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Kirk ©

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Hi Kirk,

Another supplementary view on 5G and its boost to chips.

“Every market downturn has ended with the arrival of a technical innovation that spurred a major increase in demand… Now another historic innovation is set to take its place among these advances: 5G. However, 5G’s impact will spread far beyond the confines of the tech industry, impacting every aspect of society and driving new economic activity that will spur rising demand for microchips.” His firm predicts a semiconductor rebound next year, with 5.9% industry growth for 2020. In dollar terms, the forecast is an industry increase from $422 billion to $448 billion, as the global switch to 5G brings renewed growth as tech adapts and upgrades – and replaces outmoded chips.
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