Semiconductor Stocks' Oct 29 Earnings Roster: AMD, MXIM & More
Zacks Investment Research | Oct 27, 2019 11:42PM ET
Semiconductor stocks’ quarterly releases are expected to reflect the negative impacts of declining memory prices (both DRAM and NAND), lower chip demand from smartphone OEMs and imposition of tariffs owing to the U.S.-China trade war.
Additionally, suspension of shipments to Huawei owing to the export ban imposed by the U.S. government is likely to have negatively impacted these stocks in third-quarter 2019.
Moreover, semiconductor industry, which considered the primary pillar of growth for the technology sector, is expected to have hurt the performance of the sector in the third quarter thanks to ongoing softness.
Per the latest Advanced Micro Devices, Inc. Quote
Maxim Integrated Products’ (NASDAQ:MXIM) first-quarter fiscal 2020 results are expected to have benefited from the positive impact of strengthening content in driver assistance space.
Further, growing demand for 100G laser drivers and modules is expected to have aided the company’s performance in the communications and data center market in the fiscal first quarter. Additionally, well-performing gaming, peripherals, wearables and tablet business of Maxim is likely to have contributed to the first-quarter performance.
Notably, the Zacks Consensus Estimate for earnings has been stable over the past 30 days at 49 cents.
However, sluggish auto production, smartphone market weakness and Huawei ban are anticipated to have negatively impacted the first-quarter results.
Maxim has an Earnings ESP of 0.00% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Maxim Integrated Products, Inc. Quote
Vishay Intertechnology’s (NYSE:VSH) product portfolio strength is likely to get reflected in the third-quarter 2019 results. Growing opportunities for capacitors in the areas of power transmission and electro cars are expected to have benefited the third-quarter top line.
Additionally, Vishay’s third-quarter performance is likely to reflect global cost reduction and management rejuvenation programs.
Notably, the Zacks Consensus Estimate for earnings has been stable over the past 30 days at 22 cents.
However, weakening demand from distributors thanks to high level of inventories in the supply chain is anticipated to have affected the performance of its product lines during the third quarter.
This Zacks Rank #3 stock has an Earnings ESP of 0.00%.
Inphi’s (NYSE:IPHI) third-quarter 2019 results are likely to reflect the positive impact of its new technology and product development investments. These are expected to have aided in design wins during the to-be-reported quarter.
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However, Huawei ban and trade uncertainties are expected to are anticipated to get reflected in the third-quarter results.
Notably, the Zacks Consensus Estimate for earnings has been stable over the past 30 days at 37 cents.
Inphi has an Earnings ESP of 0.00% and a Zacks Rank #2.
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