SOURCE: Paragon Financial Limited

Paragon Financial Limited

January 30, 2012 08:20 ET

Lower Contract Revenues Weigh on Micron Technology and MIPS Technologies

The Paragon Report Provides Equity Research on Micron Technology & MIPS Technologies

NEW YORK, NY--(Marketwire - Jan 30, 2012) - 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:

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 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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