Well I clicked on that story hoping to find something tangible to hang my hat on. But instead, I got more wishy washy forecasts:
"Two factors, we believe, will drive this growth. Continued improvement in the economy should lead to renewed corporate information technology spending, which accounts for two-thirds of all information technology spending. Secondly, we expect capacity utilization, which is the percentage of the available equipment used in wafer fabrication being employed, to reach 85% at the end of this year, on the threshold of the critical 85% - 90% rate at which chipmakers begin to invest in new capacity," concludes Tortoriello.
ST: hibernating till Sept
IT: hibernating till Sept
LT: Bearish
It's over, yhoo said so.
