NVIDIA and Texas Instruments Ratings Lowered by RBC Capital Markets
Five Star Equities Provides Stock Research on NVIDIA and Texas Instruments
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 09/20/12 -- Slowing global economies combined with a steep drop in PC sales has provided a challenging environment for the Semiconductor Industry in 2012. RBC Capital Markets has recently downgraded the sector as a result of a stalling inventory cycle. Five Star Equities examines the outlook for companies in the Semiconductor Industry and provides equity research on NVIDIA Corp. (NASDAQ: NVDA) and Texas Instruments Inc. (NASDAQ: TXN).
Access to the full company reports can be found at:
"Order rates are beginning to decelerate across multiple end-markets as macro concerns continue to weigh on the overall mood while a lack of inventory investment could post near-term revenue risks," stated RBC Capital analyst Doug Freedman.
Also research firm IHS iSuppli has recently altered their global semiconductor market chip revenue forecast from a growth of less than 3 percent to a contraction of 0.1 percent due to unfavorable economic conditions. This would be the first time revenues in the semiconductor market have contracted in 3 years.
Five Star Equities 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.
NVIDIA's mobile processors are used in cell phones, tablets and auto infotainment systems. The company recently lost their head of their mobile business unit Mike Rayfield, who recently became Micron's vice president of their Wireless Solutions Group. The company was recently downgraded from "Outperform" to "Sector Perform" by RBC Capital Markets
Texas Instruments chips are used in a wide variety of products, and are the largest producer of analog chips. The company recently forecasted third quarter 2012 revenues to be between $3.27 billion to $3.41 billion, and profit to range from 38 cents to 42 cents a share. "We can safely say revenue growth is below seasonality," said Stifel Nicolaus & Co. analyst Tore Svanberg. "But the fact that they haven't changed forecast suggests things are quite stable, so even though we are below seasonal demand, at least things aren't getting worse."
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Contact:
Five Star Equities
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 20.09.2012 - 12:20 Uhr
Sprache: Deutsch
News-ID 185281
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Commercial & Investment Banking
Diese Pressemitteilung wurde bisher 263 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"NVIDIA and Texas Instruments Ratings Lowered by RBC Capital Markets"
steht unter der journalistisch-redaktionellen Verantwortung von
Five Star Equities (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
