Semiconductor Stocks Are Trading Heavily on this Industry Data

Short answer: International Data Corp. (IDC) released a report of its forecast of growth in the semiconductor industry (NASDAQ:SOXX) today. According to the statement, “revenues will grow 5% year over year in 2012 and will achieve a compound annual growth rate of 6% for the 2010-2015 forecast period. Coming from a strong recovery in 2010, semiconductor revenues will grow only modestly in 2011 to $303 billion.”

The man who compiled the report says an uncertain future belies mixed results for semiconductor (NYSE:SMH) companies in the near future, “Overall, IDC continues to reaffirm the forecast and views expressed in its end-year SAF update published in December 2010. But, IDC also cautions that continued macroeconomic problems, such as persistent high unemployment with the associated low consumer sentiment in the U.S., the ongoing sovereign debt crisis, especially in Europe and U.S., fear of recession in U.S. and Japan in 2012, and fear of high inflation in China, India, and Brazil, will likely impact semiconductor market negatively in 2012. But long-term secular growth driven by end applications such as smart phones, media tablets, mobile PCs, set top boxes, LCD TVs, wired networks, industrial automation, and automotive infotainment remains strong,” said Mali Venkatesan, research manager, Semiconductors at IDC.

Here’s a look at how some of the most traded semiconductor stocks are performing today:

Intel (NASDAQ:INTC) down -1.31%, Applied Materials (NASDAQ:AMAT) up 2.13%, Texas Instruments (NYSE:TXN) up 1.73%, Analog Devices Inc. (NYSE:ADI) up 1.02%, ON Semiconductor Corp. (NASDAQ:ONNN) down -1.97%, Fairchild Semiconductor Intl. (NYSE:FCS) up 0.85%, KLA-Tenor Corp. (NASDAQ:KLAC) up 1.67%, and Maxim Integrated Products (NASDAQ:MXIM) up 1.34%.