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MIPS Mips Technologies, Inc. (MM)

7.98
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mips Technologies, Inc. (MM) NASDAQ:MIPS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.98 0 01:00:00

Memory Chip Makers on the Upswing -- Micron and MIPS Technologies See Greater Demand

28/02/2012 1:20pm

Marketwired


Mips Technologies, Inc. (MM) (NASDAQ:MIPS)
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Semiconductor stocks have performed well this year as industry heavyweights take action to balance supply and demand. The SPDR S&P Semiconductor ETF -- which represents the Semiconductor sub-industry portion of the S&P Total Markets Index -- is up more than 18 percent year to date -- easily outperforming the Dow Jones Industrial Average. Five Star Equities examines the outlook for companies 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:

www.fivestarequities.com/MU www.fivestarequities.com/MIPS

Earlier this month the price of 2Gb (gigabit) DDR3 DRAM die memory used in laptops and desktops fell to an all-time low of less than one dollar. "We're at a historical all-time low, yes," said Mike Howard, senior principal analyst at IHS iSuppli. Although the DRAM industry fundamentals are weak, memory makers are taking corrective action to balance supply and demand, iSuppli's Howard said. Some of the existing manufacturing capacity is coming offline to reduce output. Howard warns, however, that prices could continue to fall as long as the cost of making memory drops.

Five Star Equities releases regular market updates on the Semiconductor - Memory Chips 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.

Micron Technology's president Mark Adams told analysts that DRAM prices have finally bottomed out after a prolonged recession in memory prices. This quarter, prices of DRAM chips are still dropping as much as 20 percent, Brian Shirley, head of Micron's DRAM solutions business, said in a presentation to analysts. That's in line with the company's earlier projection. Demand, rather than too much supply, remains the problem, he said.

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.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.fivestarequities.com/disclaimer

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1 Year Mips Technologies, Inc. (MM) Chart

1 Year Mips Technologies, Inc. (MM) Chart

1 Month Mips Technologies, Inc. (MM) Chart

1 Month Mips Technologies, Inc. (MM) Chart