Overweight stance maintained on European semiconductors sector
Friday, December 19, 2003 6:44:57 AM ET
Deutsche Bank
LONDON, December 19 (New Ratings) — Analyst Nicolas Gaudois of Deutsche Bank maintains his overweight stance on the European semiconductors sector.
In a research note published this morning, the analyst mentions that the European semiconductors industry is poised for robust supply growth in 2004, boosted by the accelerated production outsourcing activities. However, Deutsche Bank expects the DRAM contract prices to decline in the near term.
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