29 Nov '12, 9pm

Upbeat VCs have cash for a few good chips: via @eetimes

SANTA CLARA, Calif. – A panel of venture capitalists struck an upbeat tone amid business conditions one semiconductor analyst called “dismal.” The VCs said they see signs of recovery, lots of opportunities amid the chaos of change—and they have money to spend on chip startups. “I think the U.S. economy is on the way to mending quite well,” said Kambiz Hooshmand, founder of incubator Archimedes Labs LLC (Palo Alto, Calif.). “I think in 2014-15 things will look really bright, and if you are an entrepreneur that is your horizon anyway,” he said in a VC panel at the Server Design Summit here. Market watchers share a similar outlook for the semiconductor industry. Chip sales this year will be down one to four percent, edge up slightly more than that next year and step up the pace of growth in 2014, according to analysts at Gartner, IC Insights and the World Semiconductor Trade ...

Full article: http://www.eetimes.com/electronics-news/4402387/Upbeat-VC...

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