Demand for 16 and 32 meg flash is steady, open market pricing remains at a premium. The following are comments by Donald Colvin, chief financial officer of computer-chip maker Atmel Corp., who spoke on financial news network CNBC about demand for semiconductors.
Semiconductors go in everything from planes to phones to personal computers, all across the board.
We are seeing a huge demand for our products. We think there are still a few good years of growth in the cycle. Because it's a cyclical industry, people are nervous about the end of the cycle. We believe that the current rates of investment will ensure very healthy demand for our products throughout next year. There clearly has been an adjustment to some frothy projections in the semiconductor market, and that has made some analysts a little bit nervous.