Welcome back to the FabExchange Blog. After the long weekend, I was thinking about what I would love to read online when I open my computer first thing in the morning. It was definitely not what I’ve come across the news channels in the past few months. I’m sure you agree that we heard plenty of unsettling news in recent months. So, I decided to start this series of compiling positive and encouraging semiconductor industry news for you. Let’s get you started off on the right foot today.
- Telecom equipment revenues to grow 5% through 2020 (Sep 8, 2020)
“Even though the pandemic is still inflicting high human and economic losses, the Dell’Oro analyst team believes the more upbeat trends in the second quarter will extend to the second half propelling the overall telecom equipment market to advanced 5% in 2020,” wrote Dell’Oro analyst Stefan Pongratz in a report.”
- Surprise! This Cyclical Stock Is Booming Right Now (Aug 17, 2020)
“…with people stuck at home, getting government stimulus checks, and saving money from travel and restaurants, it’s actually leading to a boom in the stay-at-home economy, with surging stock prices for the companies that cater to this more digital, stay-at-home world.
That’s also filtering down to much of the technology that powers that world. Although semiconductors and semiconductor equipment stocks are usually very cyclical, recent results from Applied Materials (NASDAQ:AMAT) last week shows the semiconductor manufacturing sector is actually in the midst of a counterintuitive boom.”
- What’s Next For Semis? (Aug 20, 2020)
“More recently,…,the semiconductor business appears to be bouncing back. To gain some insights in the market, Semiconductor Engineering discussed the status of the semiconductor industry with Jim Feldhan, president of Semico Research.”
- Global Semiconductor Sales Increase 4.9 Percent Year-to-Year in July (Sep 3, 2020)
“The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors were $35.2 billion in July 2020, 4.9 percent more than the July 2019 total of $33.5 billion and 2.1 percent greater than the June 2020 total of $34.5 billion.”
- COVID-19 Drives Rise in Global Fab Equipment Spending, SEMI Reports (Sep 8, 2020)
“Soaring pandemic-inspired demand for chips that power everything from communications and IT infrastructures to personal computing, gaming and healthcare electronics will drive an 8% increase in global fab equipment spending in 2020 and a 13% increase in 2021, SEMI announced today in its World Fab Forecast report.
Rising demand for semiconductors for datacenter infrastructures and server storage along with the buildup of safety stock as U.S.-China trade tensions intensify are also contributing to this year’s growth.”
- CHIPS for America Act (July 1st, 2020)
“In early June, Senators Cornyn (R-Texas), Warner (D-Va.), Risch (R-Idaho), Sinema (D-Ariz.), and Rubio (R-Fla.) and Representatives Matsui (D-Calif.) and McCaul (R-Texas) introduced the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act to Congress, which aims to bring semiconductor manufacturing and innovation back to American soil….
Under this proposed act, there will be the introduction of a 40-percent refundable tax credit for qualified semiconductor equipment put in place through year 2024. From there, it will decrease to 30-percent in 2025, 20-percent in 2026 and eventually phase out in 2027. Because semiconductor manufacturing is so expensive, these incentives will hopefully boost the amount of chip manufacturing in America.”
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