|By Marketwire .||
|August 31, 2012 08:20 AM EDT||
NEW YORK, NY -- (Marketwire) -- 08/31/12 -- The combined economic slowdowns of the U.S., China, and Europe negatively impacted semiconductor sales in the second quarter. Recent research from IHS iSuppli showed that global chip sales in the second quarter of 2012 declined 3 percent to $77 billion when compared to the second quarter of 2012. The Paragon Report examines investing opportunities in the Semiconductor Industry and provides equity research on Rambus Inc. (NASDAQ: RMBS) and NVIDIA Corporation (NASDAQ: NVDA).
Access to the full company reports can be found at:
As a result of an unfavorable economic environment analysts are predicting the global semiconductor market to decline for the first time in 3 years. IHS iSuppli recently revised their global semiconductor market chip revenue forecast to contract by 0.1 percent. Their previous forecast predicted a growth of less than 3 percent.
"The expected decline in 2012 represents a major event for the global semiconductor market. Throughout all of 2011, even though electronics markets were very weak, IHS never projected revenue to decline for the entire year. However, the disappointing results in the second quarter and weak third-quarter expectations driven by poor economic conditions are expected to cause the semiconductor market to retreat this year," said Dale Ford, senior director at IHS.
Paragon Report 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.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.
Rambus is an intellectual property and technology licensing company. It is engaged in the design, development and licensing of memory and logic interfaces, lighting and optoelectronics, and other technologies. The company reported revenues for the second quarter of 2012 was $56.2 million, down 11 percent sequentially from the first quarter of 2012.
NVIDIA awakened the world to computer graphics when it invented the GPU in 1999. Today, its processors power a broad range of products from smartphones to supercomputers. Microsoft announced that NVIDIA's Tegra is the processor powering the company's Surface for Windows RT tablet.
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: