NVIDIA and MIPS Technologies Put Up Strong Numbers in Slowing Economy
The Paragon Report Provides Equity Research on NVIDIA Corporation & MIPS Technologies
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/14/11 -- Despite a slowing global economy, chipmakers are putting up impressive numbers. Strong demand for mobile devices, PCs and the latest growth driver, semiconductors for automobiles, are boosting top lines in the industry. The Paragon Report examines investing opportunities in the Semiconductor Industry and provides equity research on NVIDIA Corporation (NASDAQ: NVDA) and MIPS Technologies, Inc. (NASDAQ: MIPS). Access to the full company reports can be found at:
Earlier this month The Semiconductor Industry Association (SIA), representing US leadership in semiconductor manufacturing and design, announced that worldwide sales of semiconductors were $25.03 billion for the month of August, a slight increase of 0.7 percent from the prior month when sales were $24.9 billion. On a year-to-date basis sales grew 2.2 percent year-over-year.
SIA explains that the stronger than expected sales were in large part driven by strong demand in tablets and PCs. SIA says, "In the midst of a slow and soft global economic picture, growth in the semiconductor industry is promising." Additionally, due to the compounding effect of increased semiconductor content in cars, automotive application specific semiconductors have experienced double digit growth year-to-date.
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 industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
NVIDIA has taken steps in recent quarters to become a leader in the mobile chip market. The company's Tegra applications processor has netted many key design wins, including devices from Samsung Electronics and Motorola Mobility Holdings.
MIPS Technologies is a provider of processor architectures and cores that power some of the home entertainment, communications, networking and portable multimedia products. The Company's processor designs are based on 32- and 64-bit reduced instruction set computing architectures. MIPS licenses its processor designs and related intellectual property to semiconductor manufacturers.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 14.10.2011 - 06:16 Uhr
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