SOURCE: Five Star Equities

Five Star Equities

August 09, 2012 08:20 ET

Semiconductor Stocks Rally as Outlook Brightens for Industry

Five Star Equities Provides Stock Research on ARM Holdings and LSI Corp.

NEW YORK, NY--(Marketwire - Aug 9, 2012) - The Semiconductor Industry rallied last week after recent reports provided a positive outlook for the industry. Stocks received a boost Tuesday after Goldman Sachs raised its rating from "neutral" to "attractive" for the group. The Philadelphia Semiconductor Index (SOX) surged over 2 percent Tuesday. Five Star Equities examines the outlook for companies in the Semiconductor Industry and provides equity research on ARM Holdings plc (NASDAQ: ARMH) and LSI Corporation (NYSE: LSI).

Access to the full company reports can be found at:

www.FiveStarEquities.com/ARMH
www.FiveStarEquities.com/LSI

The Semiconductor Industry Association (SIA) last Friday reported that worldwide chip sales total $24.4 billion for the month of June, a 2 percent decrease from a year ago. On the positive side, the drop was the smallest year-over-year decrease since October 2011. International Data Corporation in an update of the Semiconductor Applications Forecaster (SAF) forecasts that worldwide semiconductor revenues will increase 4.6 percent in 2012 to $315 billion.

"The semiconductor industry continues to navigate the turbulent global economy better than most sectors," SIA President Brian Toohey said. "But macroeconomic uncertainties are limiting overall recovery and growth."

Five Star Equities releases regular market updates 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.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

ARM earlier this week announced the second generation of the ARM Mali-T600 Series graphics processing units (GPUs), providing a dramatically improved user experience for tablets, smartphones and smart-TVs. Shares of the company have rebounded nearly 4 percent in the last week.

LSI Corp. designs semiconductors and software that accelerate storage and networking in datacenters, mobile networks and client computing. Shares of the company surged nearly 4 percent Tuesday after they were upgraded by Goldman Sachs.

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