Indices were strong @ close with gains of upto 1.5%......
Strong stocks which were UP 3% or more included :
TER,RFMD,CIEN,CREE,ISRG,LVS,RVBD,
CSIQ,SOLF,GNK,MU,LDK,AMCC,JDSU,
FNSR,JASO,SNDK,BZH,STX,LSCC....
AH ASIA ER was a beat & guiding higher EPS but lower Sales
ASIA UP AH 5.14% in AH volume of 50,784...Gross margin were
sharply higher.....
VIX Down 8.44% to 20.19
AH Futures are mixed.
AH Nikkei UP
AH Oil,Gold,Silver Down....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Very good stories~~ Thanks for ur sharing~~!! ........................................
Saleem
The chips are in, in terms of the tech recovery.
Global chip sales rose a whopping 58.3% in March compared with March 2009, the Semiconductor Industry Association said today.
That is the largest monthly percentage rise since at least 1996, as far back as the SIA can go with its stats.
The $23.06 billion in chip sales it computes for the month makes March 2010 the No. 2 month of all time, second only to the $23.12 billion sold in November 2007.
“This is a great way to start the year,” said Anne Craib, the SIA’s director of market research. “You’re seeing two things driving growth. Consumers are purchasing, and enterprise is starting to pick up. You are seeing real demand for product.”
The big sales jump bodes well for No. 1 chipmaker Intel (INTC) and such fast-growing chipmakers as Cirrus Logic (CRUS) , Atheros Communications (ATHR) and NetLogic Microsystems (NETL) .
Of course, the SIA points out that March 2009 wasn’t a booming time for chips, or any industry. Easy year-earlier comparisons will disappear as this year continues.
“While we expect 2010 sales will continue to be strong, the year-on-year growth rate will moderate going forward,” said SIA President George Scalise.
Chip companies and foundries — contract chipmakers — are building up production to keep up with sales.
Scalise says the recovery runs across all product sectors and all parts of the world.
“The current results reflect improved sales in a variety of market segments, including the enterprise sector, where recovery has been slower than in the consumer sector,” he said. “Healthy economic growth in China and growing demand for PCs and cell phones in developing economies were major contributors.”
Scalise says the SIA is “cautiously optimistic” that global chip sales will show double-digit growth this year. That would be after a 9% decline in 2009.
Thanks for your feedback.
It is my pleasure to share the BLOG with visitors.
Saleem
Hi C,
Yes..Chips are looking good !!!
Saleem
Post a Comment