Chipmakers See Tablet Growth In Future

Major semiconductor manufacturers are seeing green as the tablet computer revolution is kicking off. With the success of Apple's APPL iPad, Amazon’s AMZN Kindle and Barnes & Noble’s BKS Nook, both chipmaker Intel INTC and equipment architect Applied Materials AMAT recently stated that each are seeing major growth in the chip industry as a direct result of the expansion of these devices. Both hold a positive outlook for the sector over the next 18 months as there may not be enough supply to meet the increasing demand. In addition, both stated demand from developing markets is increasing at exponential rates. Investors can position themselves for a continued bull market in semiconductors throughout the next few months by adding the PowerShares Dynamic Semiconductors PSI or the SPDR S&P Semiconductor XSD. Both offer a wide selection of chip makers and could see gains over the short term.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasSector ETFsSpecialty ETFsGlobalTechMediaTrading IdeasETFschipsiPadKindlesemiconductorstablet pc
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!