The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( Insider Monkey) -- Goldman Sachs published a report entitled "Americas: Technology: Semiconductors," on January 2. The report isn't publicly available, but we will summarize its main points. In it, James Covello, James Schneider, Mark Delaney and Gabriela Borges suggest that the semiconductor sector is expected to perform better than the semi production equipment sector. Semiconductor shipments are currently below trend and fundamentals are likely to improve in the second quarter of 2012. Orders for semi production equipment, on the other hand, are likely to decline by mid-2012. In this article, we will focus on Goldman Sachs' favorite stocks in this industry.