Though we've seen a rash of negative news for the chip industry, Credit Suisse's Jonathan Pitzer...

|By:, SA News Editor

Though we've seen a rash of negative news for the chip industry, Credit Suisse's Jonathan Pitzer remains bullish, believing tight supply will produce favorable pricing. As evidence, Pitzer notes industry capacity utilization rose 80 bp in Q1 to 94.3%. However, Q1 ended in March, while the recent spate of bad news involves Q2 events.