Advanced Micro Devices and Micron Technology Navigate Slow Economy
The Bedford Report Provides Equity Research on Advanced Micro Devices & Micron Technology
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 12/12/11 -- Despite a slowing global economy, the worldwide semiconductor market managed to expand in the third quarter, with revenue rising by an estimated 3.5 percent compared to the second quarter, IHS iSupply's Dale Ford reports. IHS believes that global semiconductor revenues will rise a modest 1.2 percent year-on-year for 2011. While the growth is barely positive, "an expansion of any magnitude is significant from the standpoint of market psychology," said Ford. The Bedford Report examines the outlook for companies in the Semiconductor Industry and provides equity research on Advanced Micro Devices, Inc. (NYSE: AMD) and Micron Technology, Inc. (NASDAQ: MU). Access to the full company reports can be found at:
According to a study released from IDC, worldwide semiconductor revenues will grow 5 percent year over year in 2012 and will achieve a CAGR of 6 percent for the 2010-2015. The report finds that long-term secular growth will be driven by end applications such as smart phones, media tablets, mobile PCs, set top boxes, LCD TVs, wired networks, industrial automation, and automotive infotainment.
IHS iSupply forecasts 2012 semiconductor revenue growth will amount to an "anemic" 3.2 percent, as a weak economy will continue to depress consumer spending, the number one driver of electronics and semiconductor market demand.
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.
Many major semiconductor suppliers are projecting fourth-quarter revenue declines that average in the high single digits. However, a number of major suppliers such as AMD have projected solid growth in the fourth quarter. The IDC Study argues that going forward, the l continued enterprise adoption of Windows 7, should help to accelerate the PC replacement cycle and drive semiconductor demand for the Computing segment in the New Year.
AMD is a semiconductor design innovator leading the next era of vivid digital experiences with its AMD Fusion Accelerated Processing Units (APUs) that power a wide range of computing devices. Last month the company announced plans to eliminate 10% of its workforce or about 1,400 jobs in order to reduce operational costs.
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 companies. 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: 12.12.2011 - 13:16 Uhr
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