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Semi Stock Week: Ultratech, Rudolph, and Novellus soar on Intel’s sales and capex plans.

 Andrea Lati
  17th-Jan-2011
Description: Semiconductor equipment stocks had a huge week, boosted by Intel’s better-than-expected results and by its announcement that it will increase this year’s capital spending by a whopping 73% to $9.0B. Earlier in the week GLOBALFOUNDRIES announced a 90% hike in capital expenditures for 2011 to $5.4. These capex announcements sent equipment stocks soaring 8% for the week. VLSI’s Hotties were up 5.7%. Their rise is a positive sign as it shows consistency—something that semi stocks lacked in 2010.
Views: 1621
Domain: Business
Category: Companies
Contents:
The Chip Insider� January 15, 2011 � Semi Stock Week: Ultratech, Rudolph, and Novellus VRDURQ,QWHO�Vsales and capex plans. WildPhotons: Age�
Semiconductor equipment stocks had a huge week, ERRVWHGE\,QWHO�VEHWWHUthan-expected results and by its announcement that it will increase WKLV\HDU�V capital spending by a whopping 73% to ... See more
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