The Semiconductor Industry Association (SIA) earlier this month reported global sales of semiconductors totaled $74.65 billion for the second quarter, an increase of 6 percent sequentially and the largest quarterly increase in three years. The increase was driven by a strong performance from the Americas region, which posted a 8.6 percent sequential growth. "There's no question the global semiconductor industry has picked up steam through the first half of 2013, led largely by the Americas," said Brian Toohey, president and CEO, SIA. "We have now seen consistent growth on a monthly, quarterly, and year-to-year basis, and sales totals have exceeded the latest industry projection, with sales of memory products showing particular strength."
Cirrus Logic, Inc. (NASDAQ:CRUS - News) shares traded in the range of $20.03 to $20.52 Monday before settling to close at $20.04, a decrease of 0.60 percent. The stock appears to be facing some resistance at the $21.39 and $22.16 levels with some support at $19.96. Shares of Cirrus Logic have fallen approximately 30.0 percent in 2013.
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RF Micro Devices, Inc. (NASDAQ:RFMD - News) shares traded in the range of $4.74 to $4.86 Monday before settling to close at $4.74, a decrease of 1.46 percent. The stock appears to be facing some resistance at the $4.89 and $5.01 levels with some support at $4.61. Shares of RF Micro Devices have gained approximately 28.0 percent in 2013.
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Skyworks Solutions Inc. (NASDAQ:SWKS - News) shares traded in the range of $24.43 to $24.85 Monday before settling to close at $24.49, a decrease of 0.04 percent. The stock appears to be facing some resistance at $24.74 with some support at the $24.41 and $23.99 levels. Shares of Skyworks Solutions have gained approximately 20.0 percent in 2013.
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TriQuint Semiconductor (NASDAQ:TQNT - News) shares traded in the range of $7.66 to $7.75 Monday before settling to close at $7.66, a decrease of 0.91 percent. The stock appears to be facing some resistance at the $7.68 and $8.15 levels with some support at $7.46. Shares of TriQuint Semiconductor have gained approximately 58.0 percent in 2013.
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