NEW YORK, NY -- (Marketwire) -- 04/18/12 -- Semiconductor stocks have performed well in the first quarter of 2012. The SPDR S&P Semiconductor ETF -- which represents the Semiconductor sub-industry portion of the S&P Total Markets Index -- is up over 10 percent year to date. Five Star Equities examines the outlook for companies in the Semiconductor Industry and provides equity research on Texas Instruments Inc. (NASDAQ: TXN) and Advanced Micro Devices, Inc. (NYSE: AMD). Access to the full company reports can be found at:
The Semiconductor Industry Association (SIA) recently announced that worldwide semiconductor sales showed 1.3 percent decline in February, yet sales in the Americas region showed a 1.1 percent gain over the previous month.
"It's encouraging to see that the U.S. posted the third consecutive month of job gains which points to momentum in the U.S. economic recovery. However, the global picture bears close watching given the continued sluggish economies in Europe and in Asia," said Brian Toohey, president, Semiconductor Industry Association. "Overall, the combination of improved U.S. macroeconomic factors along with sequential semiconductor sales growth in the Americas region warrants an optimistic view for growth in 2012."
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Texas Instruments Incorporated webcast its first-quarter 2012 earnings conference call on Monday, April 23, at 4:30 p.m. Central time. Kevin March, senior vice president and chief financial officer, and Ron Slaymaker, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience.
AMD recently announced that it will webcast its quarterly earnings conference call on Thursday, April 19, 2012 at 5:00 pm EDT/ 2:00 pm PDT to discuss the results of its fiscal first quarter ended March 31, 2012. All interested parties will have the opportunity to listen to the real-time audio webcast of the teleconference over the Internet through AMD's Web site.
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