Issue



Chipmakers see a flat future in H2


09/01/2012







Reporting Q2 numbers and issuing Q3 guidance, chipmakers like ON Semiconductor Corporation (Nasdaq: ONNN), Texas Instruments Incorporated (TI, NASDAQ:TXN), STMicroelectronics (ST, NYSE:STM), AMD (NYSE:AMD), and Intel Corporation (NASDAQ:INTC) consistently reported flat or lowered guidance, citing macro economic conditions.


??? ONNN will be looking for a new CFO, with Donald Colvin vacating the post within 90 days. ONNN also authorized its first share repurchase program. http://bit.ly/MLD1ke


??? Fab under-absorption charges will weigh on TI in Q3 and into Q4, analysts point out. http://bit.ly/Oe0Y3K


??? ST said it will reduce its 2012 capex plan by about 25%, down to $500 million to $600 million. http://bit.ly/NUNwoi


??? AMD reported lower channel demand for AMD desktop processors in China and Europe. http://bit.ly/O0JjRF


??? Intel still expects a solid 2012, despite softer demand and a lower Q3 guidance, partly due to downstream supply chain participants managing inventories leaner ahead of the Win8 ramp in 4Q12. http://bit.ly/S1eRDq


??? Following basically flat FYQ3 revenue and outlook for Q4 flat to down slightly, Infineon froze headcount and sharply reduced investments planned for FY2013. http://bit.ly/P81moE


??? Qualcomm Incorporated (Nasdaq:QCOM) says growth estimates are now moderated to be ???more back-end loaded,??? with a lower outlook for semiconductor volumes in FYQ4. QCOM is ramping 28nm chip supply, aiming for a strong December quarter. http://bit.ly/Oe9eDh???M.C


Solid State Technology, Volume 55, Issue 7, September 2012