Buy those semi stocks?
August 20th, 2005 by 
InLibrisLibertas
For the “second half recovery”, must be.
Orders for semiconductor equipment fell 36 percent in July according to SEMI. Orders totalled $1.02 billion last month, compared with $1.59 billion the same period a year ago. The July number was 2 percent below orders in June. “The current data suggests that semiconductor manufacturers continue to remain somewhat cautious about increased capital spending as we enter the second half of the year,” said Stanley T. Myers, president of SEMI.
But AMAT is up more than 10% and the SOX index is up 20% y-o-y. Pump Pump Pump.
Posted in Technology | 