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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 249.89+3.1%Nov 26 3:59 PM EST

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From: etchmeister1/11/2011 12:13:52 AM
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TSMC beat its own forecast (I suppose everybody picked up on this one) - but TSMC beat by an even higher margin....and 12 inch is probably running pedal to the metal.
Of course the baseline was far better than the pundits expected; the pundits seem to have a hard time to figure out short and mid term trends.
And remember what Morris said about 28nm - it's dam expensive.
But that's what that "ultra mobile" stuff needs....
UMC earlier estimated that without considering currency exchange rate fluctuations, revenues for the fourth quarter would stay flat sequentially.
Jessie Shen, DIGITIMES, Taipei Friday 7 January 2011

Foundry chipmaker United Microelectronics Corporation (UMC) has announced revenues of NT$10.18 billion (US$345 million) for December 2010, up 9.53% from a year earlier. On a sequential basis, the figure showed a 2.5% drop.

UMC’s revenues amounted to 31.32 billion in the fourth quarter, slipping 4.1% from the prior quarter. Revenues totaled NT$120.43 billion in 2010, rising 35.9% on year.

UMC earlier estimated that without considering currency exchange rate fluctuations, revenues for the fourth quarter would stay flat sequentially. It saw revenues climb 9.8% on quarter to NT$32.65 billion in the third quarter.

UMC is scheduled to hold an investors conference on January 26 to unveil its financial results for the fourth quarter of 2010 and the whole year, and guidance for first-quarter 2011.
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