Cypress Semiconductor Is a New Breed of Chip Stock [The Motley Fool]
CYPRESS SEMICONDUCTOR (CY)
Last cypress semiconductor earnings: 1/30 04:05 pm
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US:NASDAQ Investor Relations:
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Source: The Motley Fool
Numerous analyst calls for a slump don’t apply here -- at least not yet. It hasn't been a great year for semiconductor stocks as numerous Wall Street analysts have warned about an impending slowdown in sales in the sector. Shares of Cypress Semiconductor ( NASDAQ:CY ) haven't been spared, yet the company's modest expansion is showing few signs of slowing. As a big beneficiary of the movement to connect everyday items to communications networks, Cypress is making more changes to improve its business results and reward shareholders. Slow-and-steady wins the race Though Cypress hasn't posted record-breaking sales figures, that's OK. The chipmaker has been making consistent progress in its connectivity and custom application designs with a 12.2% and 10.7% quarter-over-quarter and year-over-year increase, respectively, during the third quarter of 2018 . Though sales of memory products have slowed as of late (that's the segment that has had some analysts worried), prog
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