Global sales of semiconductors rose 10% to a record $28.1 billion in July vs. July 2013, the Semiconductor Industry Association (SIA) reported.
The July revenue was up 2.4% from $27.4 billion in June.
Sales in the Americas rose 8.1% compared with July 2013. Chip sales in Europe jumped 14.9%, the region's strongest year-over-year growth since October 2010.
"The global semiconductor industry posted its highest-ever monthly sales in July and remains on track for a record year in 2014," said Brian Toohey, SIA president and CEO, said in a press release. "All regions posted both month-over-month and year-over-year increases for the third straight month — the first time that has happened in over four years — and sales increased in July across all semiconductor product categories, signifying the market's broad and consistent strength."
Intel (NASDAQ:INTC) on July 15 beat recently raised Q2 earnings estimates and gave bullish guidance, thanks to strong business PC demand.
Read More At Investor's Business Daily: http://news.investors.com/technology/090914-716631-global-chip-sales-hit-monthly-record-in-july.htm#ixzz3CrFpvpHd
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They also added 9,000 9-05 35.5 calls. 15,000 9-20 35 calls. 4,000 9-12 35 calls and 3,800 9-20 35.5 calls. Seems unusually high volume compared to open interest. Anyone have any other theories?
While they're at it, they are also buying 26,000 Sept 5 - 35 calls. Another 2.6 million hedge or securing 2.6 million shares 3 days from now.
The real question is whose buying or covering? When a stock acts like INTC has for the past 2 weeks with low volume and a big bashing lastly, someone wants more without driving up the price. Could be INTC buyback, but the bashing today rules that out and most likely one of their clients is behind it. JMO.
How much truth is there to this article?
TSMC: To Start 16nm Production Earlier, Heat Up Competition
.By Shuli Ren
The Chinese language Economic Daily News reported that Apple‘s (AAPL) foundry supplier Taiwan Semiconductor Manufacturing Company, or TSMC (TSM/2330.TW), will start its 16nm FinFET production one quarter earlier than expected, in the first quarter of 2015.
TSMC has been a great success, capturing more than 90% of the foundry industry’s total profit. But the big debate recently is whether its main client Apple will ditch it for other suppliers next year for the more efficient 14nm or 16nm processes. TSMC has fallen about 10% from early July high after its management commented it may lose market share next year when its competitors such as Samsung Electronics (SSNGY) offer customers deep discounts for qualifying 14nm FINSET processes.
While TSMC was skeptical of its competitors’ 14nm technology, competitive pressure must have caught up, leading to this news clip.
Speeding up the 16nm process is good news, according to Barclays analyst Andrew Lu, who has a Buy rating:
If TSMC is pulling 16nm FinFET production ahead by one quarter, we should see TSMC having comparable FinFET capacity (of 50,000 wafers from 29,000 wafers per month) to Samsung’s by 4Q15. With such capacity, we would expect TSMC to be 100% used for foundry customers while Samsung’s 14nm FinFET capacity would be shared by in-house handset IC production and foundry customers.
Given TSMC’s 20nm and 16nm equipment is 95% convertible because of the same poly pitch (90nm) and metal pitch (64nm) processes, we expect TSMC to see much better FinFET yield than peers during the first four quarters of ramp-up.
If TSMC can pull in 16nm FinFET production by one quarter, we estimate it could see US$1.5bn in foundry sales on 16nm FinFET in 2015E (5% of sales in 3Q15 and 12% in 4Q15) from the company’s earlier-guided single-digit percentage of sales from 16nm FinFET in 4Q15E (0% of sales in 3Q
More like the big funds realizing that 14 nm is a game breaker. Looks like they played ARMH to the limit and now most intelligent people realize that TSM and Samsung can't keep up.
This stock is acting like someone is accumulating shares and is holding the price everyday. Low volume appears to be making it very easy to accumulate over several days. Wonder if this is the INTC buyback or someone else? With the low volume we may be running out of weak hands.
Let's just say this is true. The real question is who has the money and expertise to produce it in mass qunaties? With the price of plants and equipment, there are only a few choices and I would put my money on INTC!
113,000+ contracts for 20 (31,005) and 22 (82,006) just traded. That's 11,000,000 shares for Jan 15. Looks like most of them were bought. Anybody, Alex have any ideas?
You forgot the inept SEC who sits around watching porn all day instead of enforcing the law. How they ever had the time to go after Bernie Madoff, I'll never know.