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Semiconductor Industry on the Upswing -- NVIDIA and TriQuint Poised for Growth
(Marketwire Via Acquire Media NewsEdge) NEW YORK, NY -- (MARKET WIRE) -- 02/13/12 --
Semiconductor stocks have performed well in the early stages of 2012. The PowerShares Dynamic Semiconductors ETF -- with most of its components coming predominantly from chipmakers -- is up more than 13 percent year to date as industry heavyweights posted strong earnings results for the final quarter of 2011. The Paragon Report examines investing opportunities in the Semiconductor Industry and provides equity research on NVIDIA Corporation (NASDAQ: NVDA) and TriQuint Semiconductor, Inc. (NASDAQ: TQNT). Access to the full company reports can be found at:
www.paragonreport.com/NVDA
www.paragonreport.com/TQNT
Last week the Semiconductor Industry Association (SIA) reported that worldwide semiconductor sales for 2011 reached a record $299.5 billion, a year-on-year increase of 0.4 percent from the $298.3 billion recorded in 2010. "Between the natural disasters in Japan and Thailand and the overall impact of a weak global economy, 2011 presented a number of major challenges for the semiconductor industry. Despite these setbacks the industry showed resiliency and posted year-on-year growth with record-breaking revenues for 2011," said Brian Toohey, president, Semiconductor Industry Association.
The SIA gave a cautiously optimistic outlook for 2012. The SIA stated in a press release that it expects the semiconductor industry to experience further recovery due to increased demand across a broad range of end market segments combined with the delayed sales impact from the supply chain disruptions in the second half of 2011.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the semiconductor industry register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.
TriQuint Semiconductor, Inc. provides radio frequency (RF) solutions and technology for communications, defense, and aerospace companies worldwide. Shares of the company took a hit last week after it reported fourth quarter 2011 revenue and profit per share ahead of analysts' expectations but forecast first quarter 2012 profit below the analyst consensus. For the current quarter, TriQuint Semiconductor forecast $210 million to $220 million in revenue.
NVIDIA Corporation provides visual computing, high performance computing, and mobile computing solutions that generate interactive graphics on various devices ranging from tablets and smart phones to notebooks and workstations. NVIDIA is set to report quarterly earnings this Wednesday.
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 http://www.paragonreport.com/disclaimer
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Source: Paragon Financial Limited
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