April 7th, 2006
Semiconductors Schmemiconductors
iSupply raised its forecast for 2006 semiconductor revenues. Now they think sales will be up 7.4%, compared with their earlier 6.8% estimate. Okey doke. We’re talking something in line with nominal GDP. Nothing special there. As a bonus iSupply also predicts steady growth at an average rate of 8.2% through 2010. That would make for eight consecutive up years in the highly cyclical semiconductor industry. Mmmhmm. Color us skeptical.
Disclosure: William Trent has a long position in SMH.
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