Micron Technology and Trident Microsystems See Uptick in Demand as Obama Pushes Free Trade

The Bedford Report Provides Equity Research on Micron Technology & Trident Microsystems

Marketwired

NEW YORK, NY--(Marketwire -11/16/11)- Semiconductor stocks have been volatile of late as the financial crisis in Europe continues to play out and uncertainty over the health of the global economy negatively affects many companies. On the domestic side of the sector, things are brighter as US chip makers benefit from President Obama's push to expand an Asia-Pacific trade accord. The Bedford Report examines the outlook for companies in the Semiconductor Industry and provides investment research on Micron Technology, Inc. (NASDAQ: MU - News) and Trident Microsystems, Inc. (NASDAQ: TRID - News). Access to the full company reports can be found at:

www.bedfordreport.com/MU
www.bedfordreport.com/TRID

The domestic semiconductor industry is poised to benefit from the passage of free trade agreements (FTAs) with Colombia, Panama, and South Korea. According to The Semiconductor Industry Association (SIA), passage of the agreements clear the way for further negotiations on the Trans-Pacific Partnership (TPP) and the expansion of the Information Technology Agreement (ITA). Brian Toohey, president, SIA is quick to point out that "Semiconductors are America's top exporting industry and with three quarters of semiconductors being designed and manufactured here and 82 percent of sales outside the US."

The Bedford Report releases stock research on the Semiconductor Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Worldwide sales of semiconductors were $25.8 billion for the month of September, an increase of 2.7 percent from the prior month when sales were $25.1 billion according to the SIA. A 14.9 percent quarter-over-quarter increase in Japan was driven by progress made in their recovery efforts. Additionally, strong demand for automotive applications and mobile processing in handheld devices like smart phones, tablets and eReaders added to the quarter-over-quarter increase.

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