Semiconductors - Industry

One of the most cyclical sectors, the Semiconductor Industry had a phenomenal growth over the last 25 years. With a collection of companies engaged in the design and fabrication of semiconductors, it has been the driving force behind the wider electronics industry. As the chip sector thrives during economic prosperity, it also has economic downturns as the information technology budgets are pared and consumers hold off on purchasing the latest gadgets. Best described as a growth venue, the sector is not as high-flying as it once was, but it does still exhibit better-than-average expansion characteristics.