Newer growth areas have emerged for chipmakers, including Autonomous Cars, Artificial Intelligence, Cloud Computing, Virtual Reality, Gaming, Wearables and Internet of Things (IoT).
There is a lot of innovation going on in the industry; chipmakers are adopting new materials and technologies to manufacture smaller and more efficient chips.
“Our markets are strong and getting stronger. New technology inflections like AI and big data will increase demand for high-performance semiconductor processing and storage,” said Gary Dickerson, president and CEO of Applied Materials.
“The move to artificial intelligence signals a new era for computing that is driving major changes to the way logic and memory chips are designed and manufactured,” said Dickerson. “New materials and innovative chip architectures will increasingly be needed to bring faster processors and more efficient memory to market.”
According to Wells Fargo, data from the Semiconductor Industry Association shows that DRAM sales rose 85% in August, following equally large gains in July and June. Sales for the broader semiconductor industry rose 25% in August.
Historically, the research house said Q4 tends to perform positively over the past 20 years, with 70% chances of higher close.
"Judging from the technical indicators, the FBM KLCI may chart a mild recovery towards year end within a projected range of 1,740-1,800 points. We have an unchanged fundamental-driven year-end target of 1,760 points."
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hstha
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South Korea's Exports Surge to Record on Steel, Semiconductors
October 1, 2017
By industry, exports of semiconductors rose 70 percent amid soaring DRAM chip prices
https://www.bloomberg.com/news/articles/2017-10-01/south-korea-s-exports-surge-to-record-on-steel-semiconductors