Tuesday, February 11, 2014

70 Largest US Semiconductor Company Stock Prices Down 50% Due to Financial Meltdown Spillover Effects, Then Up 220% Under Obama and the US Fed

I found 85 US Semiconductor Companies classified in the Technology Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each.

Of these 85 US Semiconductor Companies, 70 of them also had their common stocks trading on each of the following three dates:
  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date February 10, 2014.

The historical common stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 70 largest US Semiconductor Companies having their common stocks trading on each of the above three dates had their average stock prices drop by a huge 50% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the slightly less than five years since March 6, 2009, the average stock prices of these same 70 largest US Semiconductor Companies have increased by a very respectable 220% through February 10, 2014.

The Semiconductor Memory Chips Subsector had by far the highest average stock price growth since March 6, 2009.....up 491%, led by Boise, ID-based Micron Technology (up 755%) and by Milpitas, CA-based Integrated Silicon Solution (up 707%).
 
There were two Semiconductor Companies which experienced stock price growth above 1,000% since March 6, 2009.....San Jose, CA-based Pixelworks (up 1,276%) and Hayward, CA-based Ultra Clean Holdings (up 1,077%).

Of the 70 Companies, only 3 of them had stock price declines since March 6, 2009.

Clearly, the investors in and employees of a clear majority of these 70 largest US Semiconductor Companies must be pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state.

Below here are the stock market prices of each of these 70 largest US Semiconductor Companies having their stocks trading on February 10, 2014, on March 6, 2009, and also on December 31, 2007, sorted by Semiconductor Subsector:






Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Semiconductor Companies HQs
2-10-14 3-6-09 12-31-07 2-10-14 3-6-09








Semiconductor-Memory Chips




Micron Technology Boise ID       24.87         2.91         7.25 755% -60%
Integrated Silicon Solution Milpitas CA       11.14         1.38         6.62 707% -79%
Rambus Sunnyvale CA         8.77         7.84       20.94 12% -63%








Average % Change all 3 Memory Chips



491% -67%








Semiconductor-Specialized




Ultra Clean Holdings Hayward CA       11.42         0.97       12.20 1077% -92%
Cirrus Logic Austin TX       19.83         3.14         6.88 532% -54%
Lattice Semiconductor Hillsboro OR         6.87         1.13         3.25 508% -65%
LSI Corp San Jose CA       11.00         2.64         9.00 317% -71%
CEVA Inc Mountain View CA       16.66         5.23       12.21 219% -57%
Monolithic Power Systems San Jose CA       34.39       12.91       11.11 166% 16%
Microchip Technology Chandler AZ       46.20       18.24       32.70 153% -44%
Linear Technology Milpitas CA       46.00       21.60       30.32 113% -29%
Altera San Jose CA       32.40       15.77       19.68 105% -20%
NVIDIA Santa Clara CA       15.99         8.39       24.67 91% -66%
NVE Corp Eden Prairie MN       54.25       28.98       24.60 87% 18%
IXYS Corp Milpitas CA       11.43         6.52         8.02 75% -19%
SunPower Corp San Jose CA       33.99       23.39       37.17 45% -37%
First Solar Tempe AZ       51.88      108.49       29.84 -52% 264%
Sigma Designs Milpitas CA         4.70       15.10       55.20 -69% -73%








Average % Change all 15 Specialized



224% -22%








Semiconductor-Broad Line




Entropic Communications San Diego CA         3.95         0.49         7.28 706% -93%
Vishay Intertechnology Malvern PA       13.58         1.82         9.23 646% -80%
M/A-Com Technology Solutions Lowell MA       17.44         2.85       13.21 512% -78%
Cavium San Jose CA       38.30       10.59       23.02 262% -54%
GSI Technology Sunnyvale CA         6.71         2.25         2.55 198% -12%
Texas Instruments Dallas TX       42.36       14.71       33.40 188% -56%
Silicon Image Sunnyvale CA         5.83         2.11         4.52 176% -53%
Maxim Integrated Products San Jose CA       30.27       11.49       26.48 163% -57%
ON Semiconductor Phoenix AZ         8.88         3.46         8.88 157% -61%
Integrated Device Technology San Jose CA       10.56         4.21       11.31 151% -63%
Atmel Corp San Jose CA         7.64         3.11         4.32 146% -28%
Kopin Westboro MA         3.80         1.57         3.16 142% -50%
Intel Santa Clara CA       24.29       12.41       26.66 96% -53%
Advanced Micro Devices Sunnyvale CA         3.63         2.14         7.50 70% -71%
Intersil Milpitas CA       11.16         9.99       24.48 12% -59%
FormFactor Livermore CA         6.34       13.87       33.10 -54% -58%








Average % Change all 16 Broad Line



223% -58%








Semiconductor-Integrated Circuits



Pixelworks San Jose CA         5.09         0.37         2.28 1276% -84%
RF Micro Devices Greensboro NC         5.59         0.76         5.71 636% -87%
QuickLogic Sunnyvale CA         4.58         0.75         3.30 511% -77%
Fairchild Semiconductor San Jose CA       13.05         2.89       14.43 352% -80%
Skyworks Solutions Wobum MA       30.70         6.94         8.50 342% -18%
TriQuint Semiconductor Hillsboro OR         8.43         2.05         6.63 311% -69%
MoSys Santa Clara CA         4.65         1.36         4.85 242% -72%
Diodes  Plano TX       22.73         7.00       30.07 225% -77%
Power Integrations San Jose CA       58.70       18.40       34.43 219% -47%
Applied Micro Circuits Sunnyvale CA       10.40         3.47         8.74 200% -60%
Amkor Technology Chandler AZ         5.32         1.78         8.53 199% -79%
Parkervision Jacksonville FL         4.67         1.62       15.82 188% -90%
Oplink Communications Fremont CA       16.85         6.24       15.35 170% -59%
Analog Devices Norwood  MA       49.22       18.48       31.70 166% -42%
Xilinx San Jose CA       46.48       17.82       21.87 161% -19%
Microsemi Aliso Viejo CA       22.86         9.29       22.14 146% -58%
PLX Technology Sunnyvale CA         5.86         2.39         9.30 145% -74%
OmniVision Technologies Santa Clara CA       15.52         6.65       15.65 133% -58%
EMCORE Albuquerque NM         4.92         2.16       61.20 128% -96%
International Rectifier El Segundo CA       24.98       11.59       33.97 116% -66%
Silicon Laboratories Austin TX       46.68       21.80       37.43 114% -42%
Cabot Microelectronics Aurora IL       40.19       19.06       35.91 111% -47%
Exar Corp Fremont CA       11.08         5.36         7.97 107% -33%
DSP Group San Jose CA         8.50         4.42       12.20 92% -64%
Hittite Microwave Chelmsford MA       55.02       28.70       47.76 92% -40%
Semtech Camarillo CA       22.64       11.84       15.52 91% -24%
Marvell Technology Santa Clara CA       14.86         8.06       13.98 84% -42%
Broadcom Irvine CA       30.59       16.97       26.14 80% -35%
Electro Scientific Industries Portland OR         9.04         5.11       19.85 77% -74%
Supertex Sunnyvale CA       32.95       18.67       31.29 76% -40%
Micrel San Jose CA         9.90         6.49         8.45 53% -23%
Pericom Semiconductor Milpitas CA         8.43         5.86       18.70 44% -69%
PMC-Sierra Sunnyvale CA         6.78         5.35         6.54 27% -18%
Anadigics Warren NJ         1.90         1.50       11.57 27% -87%
Qlogic Aliso Viejo CA       11.31         9.70       14.20 17% -32%
SunEdison St Peters MO       14.69       13.68       88.49 7% -85%








Average % Change all 36 Integrated Circuits



193% -57%








Overall Average % Change all 70 Semiconductor Companies


220% -50%

The chart below has the stock market prices on February 10, 2014 and on the close of the first trading date of the 15 additional US Semiconductor Companies with current Total Market Capitalizations of at least $100 mil each and which didn't have their common stocks trading on December 31, 2007:








Closing






Month Price






Of On




Market
First First




Price
Trading Trading
%
Semiconductor Company HQs
2-10-14
Date Date
Change









Semiconductor-Broad Line







Cypress Semiconductor San Jose CA       9.48      Nov 2009        9.07   5%
Freescale Semiconductor Austin TX      18.28
May 2011      18.33
0%
Inphi Santa Clara CA      12.27
 Nov 2010       15.30
-20%
API Technologies Orlando FL       3.16
 Jan 2011        4.40
-28%
NeoPhotonics San Jose CA       6.94
 Feb 2011       13.25
-48%









Semiconductor-Memory Chips







Spansion Sunnyvale CA      15.45
 May 2010       19.01
-19%









Semiconductor-Integrated Circuits





 
InvenSense San Jose CA      19.58
Nov 2011       8.90
120%
Applied Optoelectronics Sugar Land TX      13.12
 Sep 2013        9.96
32%
Vitesse Semiconductor Camarillo CA       3.46
 Mar 2011        5.49
-37%
Aeroflex Holding Plainview NY       8.18
 Nov 2010       13.50
-39%
Audience Mountain View CA      10.65
 May 2012       19.10
-44%
Peregrine Semiconductor San Diego CA       5.27
 Aug 2012       14.71
-64%









Semiconductor-Specialized







SolarCity Corp San Mateo CA      72.90
 Dec 2012       11.79
518%
GT Advanced Technologies Merrimack NH      11.74
 Jul 2008       14.59
-20%
Alpha & Omega Semiconductor Sunnyvale CA       7.12
 Apr 2010       17.70
-60%









Overall Average % Change all 15 Semiconductor Companies





20%

Of the 85 US Semiconductor Companies with Market Capitalizations above $100 mil, 55 of them, or a huge 65% of them are headquartered in California.