Both Intel and TI raised forecasts today saying that the outlook remained strong going into next year. Intel even raised their estimates for all of 2006.
It seems that supply is very tight and so pricing power is in these guys favours. Their margins are, not suprisingly, healthy. Given all the excitement around electronic prduct sales at the moment, it's not at all strange that these guys are doing well.
And everything seems to be going in their favour. Mobile phone sales are soaring, digital camera sales are still flying and the world is gradually upgrading their TV's to bigger flat screens. Add to that the excitement around games consoles and digital musci players and electronics has never seen it so good.
Oh, and lets not forget media PC's and wirless laptops. Maybe I should buy Intel??
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