Chip equipment stocks are rallying thanks to strong results and better-than-feared guidance from...
Chip equipment stocks are rallying thanks to strong results and better-than-feared guidance from KLA-Tencor (KLAC +8.8%), and Samsung's forecast for 2013 capex to be similar to 2012 levels. AMAT +2.4%. LRCX +5.6%. ASML +3.2%. CYMI +2.8%. RTEC +1.7%. There had been a lot of speculation Samsung would aggressively slash its capex budget this year. Samsung foundry rival TSMC (TSM -1%) is lower.
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