Chip industry had worst sales year since dot-com bubble burst
1–10 of 106 posts
Re: Chip industry had worst sales year since dot-com bubble burst
#2This article sounds alarmist. "Revenue fell 12% to $412 billion in 2019, the Semiconductor Industry Association said Monday in a statement. That’s the biggest drop since 2001, when industry sales slumped 32% as the dot-com bubble burst."
I don't see how 12% is a skyfall number. Especially when compared to 32%.
It was pay-walled so I did not read any further.
Re: Chip industry had worst sales year since dot-com bubble burst
#3This article sounds alarmist. "Revenue fell 12% to $412 billion in 2019, the Semiconductor Industry Association said Monday in a statement. That’s the biggest drop since 2001, when industry sales slumped 32% as the dot-com bubble burst." I don't see how 12% is a skyfall number. Especially when compared to 32%. It was pay-walled so I did not read any further.
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Re: Chip industry had worst sales year since dot-com bubble burst
#4Could be that Intel chip supply shortages, and decreased average sale prices (due to AMD offerings) could be the reason for this. Not as many people upgrading as inter generational gains start to level off.
Re: Chip industry had worst sales year since dot-com bubble burst
#5This article sounds alarmist. "Revenue fell 12% to $412 billion in 2019, the Semiconductor Industry Association said Monday in a statement. That’s the biggest drop since 2001, when industry sales slumped 32% as the dot-com bubble burst." I don't see how 12% is a skyfall number. Especially when compared to 32%. It was pay-walled so I did not read any further.
Revenue falling at all in any tech industry is usually cause for extreme concern, as all the investor numbers assume infinite growth.
Re: Chip industry had worst sales year since dot-com bubble burst
#6This article sounds alarmist. "Revenue fell 12% to $412 billion in 2019, the Semiconductor Industry Association said Monday in a statement. That’s the biggest drop since 2001, when industry sales slumped 32% as the dot-com bubble burst." I don't see how 12% is a skyfall number. Especially when compared to 32%. It was pay-walled so I did not read any further.
Turn off the javascript on the page.
using "reader view" in my browser and then refreshing works for me.
Re: Chip industry had worst sales year since dot-com bubble burst
#7This article sounds alarmist. "Revenue fell 12% to $412 billion in 2019, the Semiconductor Industry Association said Monday in a statement. That’s the biggest drop since 2001, when industry sales slumped 32% as the dot-com bubble burst." I don't see how 12% is a skyfall number. Especially when compared to 32%. It was pay-walled so I did not read any further.
Turn off the javascript on the page.
I did not think that would work- why even bother with the darn paywall! I just guessed that if you disabled js the page would fail to load like other news sites.
Anyhow, thank you!
Re: Chip industry had worst sales year since dot-com bubble burst
#8Could be that Intel chip supply shortages, and decreased average sale prices (due to AMD offerings) could be the reason for this. Not as many people upgrading as inter generational gains start to level off.
I think embedded systems account for the vast majority of chip production, so any dynamics involving Intel/AMD would be very minor.
Re: Chip industry had worst sales year since dot-com bubble burst
#9This article sounds alarmist. "Revenue fell 12% to $412 billion in 2019, the Semiconductor Industry Association said Monday in a statement. That’s the biggest drop since 2001, when industry sales slumped 32% as the dot-com bubble burst." I don't see how 12% is a skyfall number. Especially when compared to 32%. It was pay-walled so I did not read any further.
Revenue falling at all in any tech industry is usually cause for extreme concern, as all the investor numbers assume infinite growth.
Perhaps that’s the real problem there.
If companies like Intel and AMD are still turning a respectable profit, there’s no cause for actual panic, yet.
Investors should learn that intractable P/Es on established companies are, at best, unwise in all but the edge cases.
Re: Chip industry had worst sales year since dot-com bubble burst
#10Agreed, this news doesn't square with market performance. For instance, FSELX (Fidelity Select Semiconductors portfolio) mutual fund is up 43% over one year, doubling the performance of the S&P500. Top-10 holdings (68%) include Intel, Qualcomm, Broadcom, Nvidia, Micron, Marvell, ON, NXP, FLex, Commscope, so it's a fairly broad measure. For this cross-section to be performing so strongly, others must be circling the drain if indeed the industry is turning down steeply. I'm not seeing that.