Headwinds For Cypress Semiconductor

  • Despite considerable progress the last couple of years in shifting its business towards secular growth markets, the share price has not done all that much.
  • The market is pricing in slower growth in the semi-conductor industry next year and an escalation of trade tensions.
  • Cypress is far from immune to these, but given the decline it has already experienced we think most of this is priced in.
  • However, a a significant economic slowdown and decline in market sentiment could be further negatives.

Source: Headwinds For Cypress Semiconductor – Cypress Semiconductor Corporation (NASDAQ:CY) | Seeking Alpha