Venture capitalists tend to take a long-term view of conditions in the semiconductor industry, and that was certainly the case in a VC panel session at an industry conference in Silicon Valley. "I think the U.S. economy is on the way to mending quite well," said Kambiz Hooshmand of Archimedes Labs. "I think in 2014-15 things will look really bright, and if you are an entrepreneur, that is your horizon anyway."

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