Semiconductor Stocks Struggle as Demand in China and Europe Slowing
The Paragon Report Provides Stock Research on Intel and NVIDIA
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 07/12/12 -- It has been a tough week for semiconductor companies as recent reports from both Advanced Micro Devices and Applied Materials signaled a bearish outlook citing slowing demand in China and Europe. "As we approach June quarter earnings season, we believe semiconductor demand has softened almost across the board," wrote Christopher Danely, J.P. Morgan analyst, in a note to clients. The Paragon Report examines investing opportunities in the Semiconductor Industry and provides equity research on Intel Corp. (NASDAQ: INTC) and NVIDIA Corp. (NASDAQ: NVDA).
Access to the full company reports can be found at:
"It's all macro -- just like last year, and the year before, and the year before," Danely added. "We believe the macroeconomic environment will be the biggest driver of semiconductor stock performance during 2012, just as it was in 2011, and 2010 and 2009."
The European financial crisis combined with a weakening personal computer market has had a significant impact on semiconductor demand. Investors should receive a clearer picture of the state of the industry when semiconductor giant Intel Corp. kicks off the tech earnings season on July 17.
Paragon Report releases regular market updates on the Semiconductor Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Intel has recently announced it has entered into a series of agreements with ASML Holding N.V. intended to accelerate the development of 450-millimeter wafer technology and extreme ultra-violet (EUV) lithography totaling EUR 3.3 billion (approximately $4.1 billion). The objective is to shorten the schedule for deploying the lithography equipment supporting these technologies by as much as two years, resulting in significant cost savings and other productivity improvements for semiconductor manufacturers.
NVIDIA recently announced that Nexus 7 from Google, the first $199 quad-core 7-inch tablet running on the newest version of Android 4.1, features the NVIDIA Tegra 3 mobile processor. "Nexus 7 with Tegra 3 delivers a premium experience at a price consumers will absolutely love," said Michael Rayfield, general manager of the Mobile business at NVIDIA. "We're thrilled to work with Google as they create an innovative device that redefines the tablet market with quad-core performance, great battery life and the best of Google."
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 12.07.2012 - 12:20 Uhr
Sprache: Deutsch
News-ID 164729
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Commercial & Investment Banking
Diese Pressemitteilung wurde bisher 140 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Semiconductor Stocks Struggle as Demand in China and Europe Slowing"
steht unter der journalistisch-redaktionellen Verantwortung von
Paragon Financial Limited (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
