SOURCE: Five Star Equities

Five Star Equities

June 18, 2012 08:20 ET

Cirrus Logic and Rambus Shares on the Upswing as Semiconductor Industry Shows Signs of Improvement

Five Star Equities Provides Stock Research on Cirrus Logic and Rambus

NEW YORK, NY--(Marketwire - Jun 18, 2012) - After an impressive first quarter semiconductor stocks have slumped as a result of growing concerns of a global economic crisis. SPDR S&P Semiconductor ETF (XSD), which seeks to closely match the returns and characteristics of the S&P Semiconductor Select Industry Index, has fallen over 16 percent in the last 3 months. Five Star Equities examines the outlook for companies in the Semiconductor Industry and provides equity research on Cirrus Logic, Inc. (NASDAQ: CRUS) and Rambus Inc. (NASDAQ: RMBS).

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The Semiconductor Industry Association (SIA) recently announced that global semiconductor sales for the month of April increased 3.4 percent to $24.1 billion. The growth in April was the largest month-over-month increase since May 2010, and the first time sales topped $24 billion in 2012.

"The outlook for the global semiconductor industry continues to be one of cautious optimism," said Brian Toohey, president & CEO, Semiconductor Industry Association. "We are beginning to see an encouraging trend of modest, sequential growth and we anticipate this trend will continue during the rest of this year, with stronger growth predicted for 2013 and beyond. But that optimism continues to be tempered by macroeconomic factors."

Five Star Equities releases regular market updates on companies in 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 and get exclusive access to our numerous stock reports and industry newsletters.

Cirrus Logic develops high-precision, analog and mixed-signal integrated circuits for a broad range of innovative customers. Building on its diverse analog and signal-processing patent portfolio, Cirrus Logic delivers highly optimized products for a variety of audio and energy-related applications.

Rambus is one of the world's premier technology licensing companies. As a company of inventors, Rambus focuses on the development of technologies that enrich the end-user experience of electronic systems. Its breakthrough innovations and solutions help industry-leading companies bring superior products to market. Rambus licenses both its world-class patent portfolio, as well as its family of leadership and industry-standard solutions.

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