GO
Loading...

What Happened to Cypress Semi?

Ever see Minority Report? Remember when Tom Cruise is moving data and images around on a transparent computer screen? Well, that touch-sensitive technology has arrived sooner than expected, thanks in part to Cypress Semiconductor .

During its Nov. 4 analyst day, Cypress announced that its touch-screen business has accelerated significantly for both cell phones and notebook computers. The top five handset original equipment manufacturers use the company’s winning designs, as does a Windows 7 laptop expected to launch in early 2010. The new portable PC “wasn’t quite as cool as Minority Report,” CEO T.J. Rodgers said on his latest conference call, “but you could see the beginning of it.”

For all its future promise, though, Cypress Semi’s stock hasn’t performed well in the recent past. CY, which left the NYSE for the Nasdaq on Thursday, has lost 13% since Cramer’s included it in his list of top mobile Internet picks. But he wasn’t willing to give up on the company just yet. Not with the touch-screen business, a new generation of chips launched this year and a successful history of incubating cutting-edge technologies (see: SunPower).

Is Cypress Semi worth Cramer’s loyalty? He invited CEO Rodgers onto the show to find out. Watch the video for the full interview.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

Symbol
Price
 
Change
%Change
CY
---

Featured

Contact Mad Money

  • Showtimes

    U.S.
    Monday - Friday 6p ET
    Australia
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.

Cramer's New Book