Post your comment!
Citigroup's Terence Whalen picks up coverage of semi equipment stocks and raises KLA Tencor ([[KLAC]] +1.2%) and Novellus ([[NVLS]] +3.1%) to Buy from Neutral, while cutting FormFactor ([[FORM]] -2.6%) to Neutral. Investors “have yet to correctly quantify escalating capital intensity” in the chip manufacturing business, he asserts, expecting wafer fab equipment spending will near $36B in three years.
Posted by expathos (#1) 115 days ago (http://seekingalpha.com)
Citigroup's Terence Whalen picks up coverage of semi equipment stocks and raises KLA Tencor (KLAC +1.2%) and Novellus (NVLS +3.1%) to Buy from Neutral, while cutting FormFactor (FORM -2.6%) to Neutral. Investors “have yet to correctly quantify escalating capital intensity” in the chip manufacturing business, he asserts, expecting wafer fab equipment spending will near $36B in three years. Post your comment!
Post your comment!
Who Voted for this Story
Pligg is an open source content management system that lets you easily create your own social network.