Silicon Investor (SI) -- The First Internet Community

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.

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

To: Jong Hyun Yoo who wrote (8453)	1/12/2004 7:39:38 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Jong, Thanks for your insights as usual. What are your picks(if any) for the first stocks to break old highs? Can I assume that you like Lam:-) Brian

To: Jong Hyun Yoo who wrote (8453)	1/12/2004 7:49:44 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Foundry market to grow 40% in '04, says Dataquest By Mark LaPedus Silicon Strategies 01/12/2004, 7:00 PM ET PEBBLE BEACH--The silicon foundry industry is expected to outpace and grow twice as fast as the total IC market in 2004, according to Gartner/Dataquest Inc. here today (January 12, 2004). Jim Hines, who watches the market for Gartner/Dataquest, said the silicon foundry industry is projected to grow 40 percent in 2004 over 2003. Last year, the foundry market grew 25 percent, Hines said. That represents twice the growth rate as the overall IC industry. Gartner/Dataquest projects the IC industry will grow about by 20 percent in 2004 over 2003. Foundries are also seeing a shortage of certain capacity. "They may be fully booked in certain leading-edge technologies," he said. "There is some capacity available for 0.18- and 0.25-micron technologies," he said at the Industry Strategy Symposium (ISS) here today (January 12, 2004). Most analysts agree that the foundry business is hot. Citing a resurgence in communications, the pure-play foundry business is expected to jump 43 percent in 2004 over 2003--a rate that exceeds the forecasted IC industry growth of 27 percent for this year, according to a recent report from IC Insights Inc. Overall, pure-play foundry IC sales are expected to display a 23 percent compound annual growth rate (CAGR) from 2003 through 2008--or 10 points higher than the total IC industry CAGR during the same timeframe, according to IC Insights of Scottsdale (see January 8 story). But it's unclear that supply can keep up with demand. With an expected 35 percent growth in foundry wafer sales, 2004 will be challenging because of the increased demand which will come from fabless companies, IDM companies and even system houses. The under investment that occurred during the past two years will play out in a real juggling performance in 2004, said Joanne Itow, a senior analyst at Semico Research Corp., a market research firm in Phoenix, Arizona (see December 31, 2003 story).