SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 693.87-0.2%Jan 13 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (41159)5/3/2004 10:18:32 AM
From: Johnny Canuck  Read Replies (1) of 69720
 
07:03 Color on Semiconductor Data

The data released over the weekend by the Semiconductor Industry Association, showing a sales increase of 4.4% in March, an improvement from January (down 3.0%) and February (up 0.2%), seen largely as a non-event by the analyst community... BofA Sec noting that on a year-over-year basis, revenues accelerated to 32.3%, the strongest year-over-year growth rate in over three years. On both a sales and units basis, all segments registered a sequential increase in March. According to SIA, from an application point of view the main driving products were communication (wireless as well as wired), and PC-related products. But also automotive performed better than the rest of the market. On a somewhat negative note, the analog revenues decelerated for the second consecutive month from up 33% y/y in February to up 23% y/y in March. Lehman out in defense saying that despite the recent turn in momentum, they believe fundamentals remain strong as evidenced by Q1 earnings and guidance and believe that the semiconductor industry and analog companies in particular are in the middle stages of an upcycle. Firm notes that analog units increased 23% y/y vs semis overall which increased 17% y/y in March. As a comparison, they believe that units are a more meaningful barometer of relative performance as analog generally does not see the same flux in pricing as compared to the rest of the industry given the longer product lifecycles.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News