Science & Technology
Tue, January 31, 2012Mon, January 30, 2012Sun, January 29, 2012Sat, January 28, 2012Fri, January 27, 2012Thu, January 26, 2012Wed, January 25, 2012Tue, January 24, 2012Chipmakers on the Upswing -- Texas Instruments and Advanced Micro Devices Poised to Benefit
Published in Science and Technology on Thursday, January 26th 2012 at 5:26 GMT by Market Wire
January 26, 2012 08:20 ET
Chipmakers on the Upswing -- Texas Instruments and Advanced Micro Devices Poised to Benefit
Five Star Equities Provides Stock Research on Texas Instruments & Advanced Micro Devices
NEW YORK, NY--(Marketwire - Jan 26, 2012) - Emerging markets such as China and India are helping to drive global semiconductor sales. According to Carnegie Research chip sales are said to be $24.1 billion in December as compared to $25.1 billion in November, which, when seasonally adjusted, represents a six percent month on month increase. Five Star Equities examines the outlook for companies in the semiconductor industry and provides equity research on Texas Instruments Inc. (
[ www.fivestarequities.com/TXN ]
[ www.fivestarequities.com/AMD ]
Earlier this week Texas Instruments announced better-than-expected fourth-quarter financial results. Texas Instruments reported revenue of $3.42 billion, which was down 0.8% sequentially, down 3.0% year over year and in the middle of the originally guided range of$3.26 billion and $3.54 billion. Net product orders were $2.87 billion in the last quarter, down 6.5% sequentially and 8.3% year over year.
The company's CEO Rich Templeton said he believes the worst of the economic downturn is over. However the company also offered a tepid forecast for the current quarter. First-quarter revenue will be $3.02 billion to $3.28 billion, the company predicted.
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 [ www.fivestarequities.com ] and get exclusive access to our numerous stock reports and industry newsletters.
Advanced Micro Devices reported a fourth-quarter loss of $177 million, or 24 cents a share, compared with a profit of $375 million, or 50 cents a share, for the year-earlier period. Adjusted profit was 19 cents a share. Analysts had expected the company to report a profit of 16 cents a share according to data from FactSet Research.
For the current quarter, AMD sees revenue of $1.51 billion to $1.61 billion, below the average $1.6 billion consensus.
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