Science and Technology Science and Technology
Wed, November 16, 2011

Obama's Push for Free Trade Benefits NVIDIA and Advanced Micro Devices


Published on 2011-11-16 05:23:15 - Market Wire
  Print publication without navigation


November 16, 2011 08:16 ET

Obama's Push for Free Trade Benefits NVIDIA and Advanced Micro Devices

The Bedford Report Provides Equity Research on NVIDIA & Advanced Micro Devices

NEW YORK, NY--(Marketwire - Nov 16, 2011) - Semiconductor stocks have been volatile of late as the financial crisis in Europe continues to play out and uncertainty over the health of the global economy negatively affects many companies. On the domestic side of the sector, things are brighter as US chip makers benefit from President Obama's push to expand an Asia-Pacific trade accord. The Bedford Report examines the outlook for companies in the Semiconductor Industry and provides equity research on NVIDIA Corporation (NASDAQ: [ NVDA ]) and Advanced Micro Devices, Inc. (NYSE: [ AMD ]). Access to the full company reports can be found at:

[ www.bedfordreport.com/NVDA ]
[ www.bedfordreport.com/AMD ]

The domestic semiconductor industry is poised to benefit from the passage of free trade agreements (FTAs) with Columbia, Panama, and South Korea. According to The Semiconductor Industry Association (SIA), passage of the agreements clear the way for further negotiations on the Trans-Pacific Partnership (TPP) and the expansion of the Information Technology Agreement (ITA). Brian Toohey, president, SIA is quick to point out that "Semiconductors are America's top exporting industry and with three quarters of semiconductors being designed and manufactured here and 82 percent of sales outside the US."

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 [ www.bedfordreport.com ] and get exclusive access to our numerous analyst reports and industry newsletters.

Worldwide sales of semiconductors were $25.8 billion for the month of September, an increase of 2.7 percent from the prior month when sales were $25.1 billion according to the SIA. A 14.9 percent quarter-over-quarter increase in Japan was driven by progress made in their recovery efforts. Additionally, strong demand for automotive applications and mobile processing in handheld devices like smart phones, tablets and eReaders added to the quarter-over-quarter increase.

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 [ http://www.bedfordreport.com/disclaimer ]


Contributing Sources