A lot of companies in the semi portion of the market have taken a bit of beating. Texas Instruments and Sandisk are on that list.

But, there may be some light and there may not be a tunnel. Semi sales are doing well.

Semi sales reached $22.7 billion in November. That is 11.3% better than November 2005 figures and is also up from October 2006. Sales of digital signal processors lead the way with a 12.3% year-over-year increase.

Theory would say that companies like TI and Analog Devices would do well on the news.Some of Broadcom’s products should also do well. But, gross sales numbers do not tell the market much about discounting or margins.

Who knows? With shares prices down, maybe stocks like TI and Broadcom will have a revival.

Anyone see an evangelist?