Credit: Trident Security
As prices drop in the PC market due to competition by netbooks, the demand for netbooks has been a tremendous boon for the rest of the tech sector. Chip stocks seem to have felt the greatest effect so far.
Gartner recently reported that the worst of the recession may have passed for PC makers. With netbook projections initially set at 21 million, Gartner raised the number to 25 million for 2009.
Intel, ARM, and Nvidia stocks have already begun to rise along with the concurrent rise of netbooks' popularity. Semiconductor sales, for example, rose 5% in August 2009, according to the SIA.
iSupply analyst Len Jelinek has corroborated Gartner's findings in an email to TheStreet:
"Intel with its Atom processor is definitely increasing sales and is poised to continue growth as they drive technology and performance with their next generation technology."
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