Inter-Market analysis says that semi's are in consolidation for summer. Front end of pricing has turned down as the link below will show. Pollux Technicals believes this is only a short-term stance as the consolidation of competition continues and the over-built supply/demand issues continue to play out. Long Term (3-5yrs) the semiconductor industry remains an overweight.
http://www.dramexchange.com/watch/price_index_main_new.asp
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