Lower Contract Revenues Weigh on Micron Technology and MIPS Technologies
January 30 2012 - 7:20AM
Marketwired
The semiconductor - memory chip industry has posted mixed results
of late. While the Dynamic Random Access Memory (DRAM) market has
shown signs of recovery in recent months, DRAM module manufacturers
continue to turn to NAND flash and other value-added memory
products to boost sales dented by weak demand and overcapacity. The
Paragon Report examines investing opportunities in the
Semiconductor - Memory Chips Industry and provides equity research
on Micron Technology, Inc. (NASDAQ: MU) and MIPS Technologies Inc.
(NASDAQ: MIPS). Access to the full company reports can be found at:
www.paragonreport.com/MU
www.paragonreport.com/MIPS
According to DRAMeXchange Technology Inc., the average price of
the benchmark DDR3 2 gigabit, 256Mx8 1333 megahertz device was set
at US$0.88 in the second half of December. The prices of DRAM
chips, which are used in personal computers, suffered from
sustained falls since September 2010 when the price peaked at
$4.34. Floods in Thailand last year also cut demand for DRAM
chips.
The Paragon Report provides investors with an excellent first
step in their due diligence by providing daily trading ideas, and
consolidating the public information available on them. For more
investment research on the semiconductor - memory chip industry
register with us free at www.paragonreport.com and get exclusive
access to our numerous stock reports and industry newsletters.
MIPS Technologies, Inc. provides industry-standard processor
architectures and cores for digital home, networking, and mobile
applications primarily in the United States, Japan, the Pacific
Rim, and Europe. Last week the company posted a drop in fiscal
second-quarter profit, missing estimates, as lower license and
contract revenue put pressure on the chip designer's results.
The company announced that earnings, excluding one-time
expenses, were $0.6 million or $0.01 per share, compared to
adjusted earnings of $7.5 million or $0.14 per share in the
year-ago quarter.
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above-mentioned publicly traded companies. Paragon Report is
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that all investment entails inherent risks. Please view the full
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