We’re about one-third of the way into the year, and 2013 isn't shaping
up as a banner year for chip stocks. Although there is a widespread
expectation that the industrial and automotive markets will improve,
analysts are still unsure of the path for communications infrastructure,
handsets, consumer electronics, and PCs. With Texas Instruments (Nasdaq:TXN)
holding on to considerable margin leverage tied to utilization,
industry-wide order and shipment volumes could well point to just how
strong of a year this large chip company will have.
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