- 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.
Headwinds For Cypress Semiconductor
October 11th, 2018 · No Comments