By William Trent, CFA of Stock Market Beat
Semiconductor Equipment and Materials, International (SEMI) the trade group that brings us the monthly equipment sales statistics.
Chip Equipment Sales Seen Spiking in ‘06: Financial News – Yahoo! Finance
Semiconductor equipment sales are expected to climb to $40.64 billion in 2006, according to a report from an industry trade group.The study, based on survey results from trade group SEMI, projects that after a 12 percent dip in semiconductor equipment sales in 2005, the market is poised to increase 24 percent in 2006, up from $32.88 billion last year.
The survey also forecast the market will grow in the single digits in 2007, and in the double digits in 2008. In 2009, growth is anticipated to be in the single digits with sales expected to hit $50.42 billion.
With the year 11 months over, it is hard to fathom what the forecast adds to what is already known. As for next year, you know where we stand.
The author may hold a position in the securities discussed. The author’s current holdings are as follows: Long: FedEx (FDX) put options; Intuit (INTU) put options; Nasdaq 100 (QQQQ) put options; Bookham (BKHM; Ballard Power (BLDP); Syntax Brillian (BRLC); CMGI (CMGI); Genentech (DNA); Ion Media Networks (ION); Lion’s Gate (LGF); Three Five Systems (TFS); Adobe Systems (ADBE) call options; IShares Japan (EWJ); StreetTracks Gold (GLD); Starbucks (SBUX); U.S. Oil Fund (USO); Plantronics (PLT) call options; Short: Ceradyne (CRDN) put options; Lion’s Gate (LGF) call options; Dell (DELL) put options; Plantronics (PLT) put options
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