Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 30 January 2013 10:52

Cypress Semiconductor bucks industry trend

Written by Nick Farrell



Sees off Geeks and Young Turks


Cypress Semiconductor shares surged more than 2 per cent after it announced fourth-quarter 2012 loss which was much smaller than the cocaine nose jobs of Wall Street expected.

Cypress declared revenues of $180.3 million which decreased 11.2 per cent sequentially and 25.6 per cent year over year because of slow demand in all the segments. Revenues were more than the management’s initial outlook range of $177.0 million–$179.0 million. Given the state of the industry, such a small loss is actually rather good.

Cypress Semiconductor stock’s trade at beginning with a price of $10.02 and throughout the trading session climbed at a high of $10.15 other than when day-trade ended the stock finally advanced +2.53 per cent to $10.12. Cypress makes PSoC 1, PSoC 3, and PSoC 5 programmable system-on-chip families, CapSense touch sensing and TrueTouch hardware  for touchscreens, USB controllers, including the high-performance West Bridge.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments