U.S. Semiconductor Industry Sees Strong Growth in 2010

SUGAR LAND--September 13, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--National Semiconductor Corporation (NYSE:NSM) (Santa Clara, California) last week reported earnings for the first quarter of the company's 2011 fiscal year. The company's net income of $88.8 million was up 12% from the previous quarter, and was up from net income of $29.8 million in the same quarter of the previous year. With increased sales of mobile phones and portable computing devices, the semiconductor-manufacturing sector is making large investments to stay afloat in this highly competitive market. Industrial Info is tracking more than $10.8 billion of active semiconductor manufacturing projects in the U.S. and another $4 billion of projects that have wrapped up in the past three months.

Other companies featured: Gartner Incorporated (NYSE:IT), Intel Corporation (NASDAQ:INTC)