AMD and Marvell Tech in Stronger Shape Than Expected
The Bedford Report Provides Equity Research on Advanced Micro Devices and Marvell Technology
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/14/11 -- Despite a slowing global economy, chipmakers are putting up impressive numbers. Strong demand for mobile devices, PCs and the latest growth driver, semiconductors for automobiles, are boosting top lines in the industry. The Bedford Report examines the outlook for companies in the Semiconductor Industry and provides equity research on Advanced Micro Devices, Inc. (NYSE: AMD) and Marvell Technology Group Ltd. (NASDAQ: MRVL). Access to the full company reports can be found at:
Earlier this month The Semiconductor Industry Association (SIA), representing US leadership in semiconductor manufacturing and design, announced that worldwide sales of semiconductors were $25.03 billion for the month of August, a slight increase of 0.7 percent from the prior month when sales were $24.9 billion. On a year-to-date basis sales grew 2.2 percent year-over-year.
SIA explains that the stronger than expected sales were in large part driven by strong demand in tablets and PCs. SIA says, "In the midst of a slow and soft global economic picture, growth in the semiconductor industry is promising." Additionally, due to the compounding effect of increased semiconductor content in cars, automotive application specific semiconductors have experienced double digit growth year-to-date.
The Bedford Report releases stock research 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 analyst reports and industry newsletters.
While AMD has made it clear that it does not plan to enter the smartphone market, the company has begun to concentrate on tablets. AMD's Z-series chips, which are based on the Fusion architecture, will deliver a full PC client experience in tablets, says Chris Cloran, vice president and general manager of the computing solutions group, client division at AMD.
For the second quarter of fiscal 2012, Marvell Technologies announced an impressive 13 percent sequential revenue jump in its storage end market. The company mainly attributed the boost to share gains at Hitachi Mobile Drive, which is now in demand, as well as strong seasonal demand. Marvell also posted a staggering 18 percent sequential improvement in its mobile and wireless end market.
The Bedford Report 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. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford 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 .
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Datum: 14.10.2011 - 12:16 Uhr
Sprache: Deutsch
News-ID 76220
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