Time to Buy Cypress Semiconductor?
When Cypress reported earnings in October, it was cautious about the fourth quarter due to the uncertain macro environment. Since then, however, there have been several positive developments, including the fact that some of the best-selling tablets on Black Friday and Cyber Monday use Cypress’ touchscreen chips.
Plus, the company’s Emerging Technology Division rolled out a new company called Deca Technologies, which Cramer thinks could revolutionize the semiconductor industry. Deca’s silicon-wafer based chip packaging technology dramatically reduces the time and money it takes to package chips together.
To find out more about Cypress Semiconductor and its new business, Deca, Cramer spoke with TJ Rogers, co-found and CEO. Watch the video to see the full interview.
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