Tuesday, 2 Sep 2008 | Source: The Associated Press
Semiconductor stocks dipped slightly Tuesday after an industry group reported that worldwide chip sales grew steadily in July but analysts raised fears about further pricing pressures on the notoriously volatile industry.
Chip makers are convinced of the potential for motion sensing chips in portable gadgets, thanks to the success of Nintendo's Wii game consoles and Apple's iPhones.
Oil dominated the news again during the week, though crude prices fell back for a change. Economic data also moved the markets, which finished up for the week.
Top contract chip maker TSMC posted on Tuesday a 49 percent rise in first-quarter earnings that beat expectations on rising sales of chips for PCs and consumer gadgets.
Investing in financials or trading technology stocks? Marc Pado, market strategist for Cantor Fitzgerald U.S., and Dan Genter, CEO of RNC Genter Capital Management, offer CNBC their stock picks.... Read More
As growth in Western economies slows, investors searching for attractive stocks should look to companies that sell to more resilient emerging markets, James Bevan, chief investment officer at CCLA Investment Management, told CNBC Europe Tuesday.... Read More
After last week's massive tumble in the Dow, Dan Genter of RNC Genter Capital Management and Jill Evans of Alpine Funds say a company's dividends deserve as much attention -- at least -- as total returns.... Read More
After last week's massive tumble in the Dow, Dan Genter of RNC Genter Capital Management and Jill Evans of Alpine Funds say a company's dividends deserve as much attention -- at least -- as total returns.... Read More