Actionable news
All posts from Actionable news
Actionable news in SOXX: iShares Goldman Sachs Semiconductor Index Fund,

Semiconductor Market To Swell To $400 Billion This Year (SOXX)

Gartner notes that a shake-up is also taking place in the semiconductor world, where a longstanding top dog might soon be dethroned:

“A shortage of memory is creating a boom in the overall semiconductor market,” said Andrew Norwood, research vice president at Gartner. “Memory vendors have been able to increase their price for DRAM and NAND, driving revenue and margins higher.”

The booming memory market, with revenue forecast to increase 52 percent in 2017, is...