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Though many expect the chip equipment industry's difficult 2011 to be followed up by an even...

Dec. 27, 2011 2:39 PM ETKLA Corporation (KLAC) StockASML, KLACBy: Eric Jhonsa, SA News Editor
Though many expect the chip equipment industry's difficult 2011 to be followed up by an even worse 2012, Oppenheimer finds reasons to be optimistic about a rebound in demand. The firm notes orders from chip foundries have been strong Q4, and it expects orders from memory makers to pick up next quarter. KLA-Tencor (NASDAQ:KLAC) and ASM Lithography (NASDAQ:ASML) are its top picks in the space.

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