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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Big Bucks who wrote (7544)	10/15/2003 3:38:44 PM
From: Proud_Infidel	Respond to of 25522

FSA sees chip investment heading up in Q3 By Peter Clarke Silicon Strategies 10/15/2003, 1:50 PM ET SAN JOSE, California -- The Fabless Semiconductor Association (FSA) trade association said Wednesday (October 15, 2003) that fabless chip companies raised $394.9 million in the third quarter of 2003, up 18 percent over the second quarter and up 32 percent over the same period a year before. The total number of deals closed by fabless companies also increased 46 percent year-over-year (YoY), as 35 fabless companies raised funds during the quarter, compared to 24 companies in Q3 2002, the FSA said. It is therefore clear that companies are raising smaller rounds. The 18 funding deals closed in July denote the largest number closed in one-month since March 2001, when 18 companies also received funding. The last time more than 18 deals closed in one month was October 2000, when 21 companies raised capital. In addition, the third quarter saw positive strides for the fabless industry as SigmaTel announced its initial public offering (IPO) in September 2003, the first fabless sector IPO since Multilink Technology became a public company in June 2001, said the FSA.