A Powerful Chip Story

It's very rare that you have the opportunity to interview the two most important people in semiconductor equipment land on the same day, but I talked to Rick KLA-Tencor (KLAC) CEO Rick Wallace and Martin Anstice, CEO of Lam Research (LRCX), which is buying Novellus Systems (NVLS), and I can tell you that this business is extremely strong. Gangbusters even.

Why does that matter? Because it is an example of  a secular growth story that isn't going to be stopped by a Greek or Portuguese default. It is about an arms race to provide small, better, faster chips for smartphones not unlike the secular blast off that occurred in the 1990s with desktops and laptops....410 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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