Headwinds For Cypress Semiconductor [Seeking Alpha]
CYPRESS SEMICONDUCTOR (CY)
Last cypress semiconductor earnings: 1/30 04:05 pm
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US:NASDAQ Investor Relations:
investors.cypress.com
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Source: Seeking Alpha
Summary We think the shares of Cypress Semiconductor ( CY ) are plagued by two fears: Semi-conductor slowdown China trade escalation We'll investigate how exposed Cypress is and to what extent (if any) this has already been priced in. We'll start with the semiconductor industry. Semiconductor slowdown? Only last month there was a considerable degree of optimism in the semiconductor industry, from September 14 semi.org : Global semiconductor revenue in 2018 is now expected to reach $473.8 billion and clock a growth rate of 15 percent, a significant upward revision from the 7.5 percent expansion (to $442.9 billion) forecast at the start of the year by six research and investment forecasts tracked by SEMI Industry Research and Statistics (SEMI IR&S). Data center growth will remain robust in the coming quarters, fueling demand for memory devices. In addition, cloud computing will continue to spur strong CPU, GPU, networking, ASIC, and DRAM and NAND dema
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