Hot Growth: The Chips Have It
Four of the top 10 companies in our annual Hot Tech Growth 75 are involved in the manufacture of semiconductors. What's behind their banner year?
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Companies connected to the chip sector have been among the biggest drivers of technology industry growth in 2007. Four of this year's 10 fastest-growing tech companies manufacture semiconductors or the materials used to make them, according to a ranking of companies with the fastest gains in share price, sales, and profits and the largest returns on equity.
Cypress Semiconductor finished fourth, after Google (GOOG), AT&T (T), and Apple (AAPL), in BusinessWeek.com's annual Hot Tech Growth 75 ranking. Nvidia, MEMC Electronic Materials, and Varian Semiconductor Equipment Associates claimed the sixth, seventh, and eighth spots, respectively.