Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) are expected to report better-than-expected performance for the third quarter as both are seeing clear order visibility through the quarter, according to industry sources. The two major contract chipmakers have reportedly landed increased orders from Broadcom and Qualcomm.
TSMC and UMC will likely see their utilization rates running at almost full capacity in the third quarter, the sources commented. Both foundries began seeing a recovery in utilization rates in the second quarter, with monthly revenues expected to grow sequentially throughout June.
In line with the foundry sector’s upcoming rebound, major wafer packaging and testing houses Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industry (SPIL) will also enjoy improved revenue performance on extended order visibility throughout September or even beyond, the sources indicated.
My picks are SPIL, KLIC, AMKR, ASX, TER and CDNS
In other newz, The President is getting his chain-game on, Mr. T style. I am sure that chain carries an antenna that will transmit “fuck America” frequencies, enabling the Saudis to control Vice President O’Bama’s pigeon sized brain. Do not be surprised to see “The O” wearing that shit everywhere: around the White House, all casual and shit, during press conferences— and most assuredly during declaration of war speeches.
More 4g related shoots
http://www.unstrung.com/document.asp?doc_id=177556&
Check it, Sprint is mad rolling out 4g, its at least twice as fast as 3g, with peak download speeds of 12 Mbps. As a Sprint Customer I am glad it is coming to my hood. I own S.
http://tinyurl.com/dxq7fp
What are your thoughts on playing a semi ETF? SMH?
“The O” doing a press conference in his Saudi chain and new White House uniform.
http://en.wikipedia.org/wiki/File:AliG-Harv.jpg
Anyone up? Last night of vaca and the boy is puking every 10 mins. I will be up all night. Holla.
futures rippin
Bought 2nd 1/3 position in Aussie/ Dollar, Aussie Yen and Sold Doll Canada.
Fellas, seriously, the FX market is absoltuely smoking. It’s a great trading market to make money. One of the best I’ve ever seen.
And Broadcom pulls that stunt yesterday in terms of semi growth projections in its guidance statements…
I am welcoming you all to my land for talk of investment and the future. We have much to talk and discuss. You may also have gold chain. Please do not look at our daughters, or body part removal we must do.
Looks like my 1 share of GM is now GMGMQ and it’s worth .65
Jim Bowtie Rogers
“It’s a bear market rally. I was going to say I don’t think S&P 500 will see new highs. But I have to quickly temper that by saying against the dollar because the S&P 500 could triple from here if they print enough money and the value of the US dollar collapses, then S&P could go to 50,000, Dow Jones can go to 1,00,000. Which is one reason why I am not shorting stocks right now. Because there is a possibility of this sort of a thing. There is a possibility that stocks could go through unheard of levels, but would be in worthless currency. “
War is hell. We’re losing.
Not fair that Obama has more bling than me.
J, you sold the CAD so you’re expecting a commodity pullback?
Hey Moobs,
Shouldn’t you be more concerned with looking after your son who is violently regurgitating a lung instead of telling us about it? Sheesh or rather—WTF?!
Obama could talk the ears off an elephant. He is one smart sly fucker using the banks to pump up the markets but they should cut his talking time inhalf. He is starting to sound like rev. IKE from the 80’s. Don’t get me wrong I think he is the right man for job showing how wise you are about life and the world is great but all those leaders he talked to see $ bills and power. Most applauded with forked hands!
You can just imagine the conversation the Saudis had prior to the visit..”We need to give him a gift, you know, to make him feel honored any suggestions” ? “Yes your Majesty.. how about a large tacky neck chain, you know like the Rappers all wear. Yes thats perfect have one sourced at once..excellent
Sorry, Trader B… I sold US Doll against the Cad. It’s abbreviated FX jargon.. I’ll try and be clearer next time.
Maelstrom…..love that comment!!!!! Brilliant and a sliver of truth in it.
Thanks. You’re already up on the trade here with USD pulling back. What’s your time frame usually?
The “O” is walkin round the white house in a robe and that chain singing
“Rockin the Saudi gold Yeah! (clap)
I’m rockin some Saudi gold Uhh! (clap)
Fuck wit da Saudi gold wooooo. (clap)
Yeah Bitch! Who’s rock the 24k gold now!
Suck it!”
Traderb
Don’t really have one in this market.. Last month I was long those three pairs for almost the entire month, although I trade the US Doll Cad several times with a down ward bias. I just held the other two and added. Luckily my stops were never in peril.
You need stops in the market as it really is moving and you get a second and third chance as long as you use stops.
Fly has to be the biggest friggen piss taker I’ve seen for a while.
The tacky neck implement is the funniest thing I’ve seen for ages. I’m sitting here unable to stop laughing when I see the pic and reminded of Maelstrom’s comment.
Perhaps the Egyptian Prz gave him the Kramer hat.
http://www.youtube.com/watch?v=-_zKCUG20xs
…..the shiny track suit, the Saudi necklace, ankle length Gucci sneakers and he’s ready to do a press conference.
“Hey yas bitches… which bitch has the fist question?”
Henry, what are you looking at today?
low priced plays..
GNBT
EMIS
STEM…own them all
So far I added to my GU on pullback
Bought GMGMQ @ .616
Buying YHOO July 20 calls shortly
Holly carp! Obamanation of desolation should wear that bling bling chain while singing this song:
http://www.youtube.com/watch?v=RksFDe6nkaY
bought UNG at 13.80. No way Nat gas doesn’t move up with the rest of the hyperinflation commodity trade.
MOOB,
up all night at the hospital myself with my wife. sorry I missed you. hope your kiddo is ok.
CDNS is moving, Above 6.
Henry, great call on NVAX right after DVAX. When to sell?
HW breaking out!