The Inq reports they heard talks at Semicon West 2006 about strain, flash and 32nm from Applied Materials:
ONE OF THE more interesting parts of attending Semicon West is that you can tell what the industry will be doing several years out. You need tools to make semiconductors, without the tools, chemicals and other related items, chips are just pretty patterns on a CAD screen. One of the bellwethers for watching that is Applied Materials (AMat).
This show, the firm had several reassuring themes both for the technology buyer and the AMat stock buyer. They were strain, flash and 32nm, not necessarily in order of importance to either the tech or stock side of things, but AMat can help you will all three.