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Chip gear spending very strong in '04

by - source: Tom's Hardware

Spending on semiconductor capital equipment will rise 63.5 percent this year, stronger than previously forecast, as demand pushed chip factories close to their production limits, Gartner.

"The industry needs more capacity to continue meeting increased device demand, and the industry is finally reacting to the need with a degree of urgency," said Klaus Rinnen, an analyst with the technology research company.

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