September 2012 was another relatively dull month for investors in Semiconductor. Foundries and the memory companies appreciated the most. some of the largest cap stocks took substantial valuation “hits”, including Skyworks Solutions (-24%), Altera (-12%) and Intel (-9%) (page 38).
The single best price performer was Ikanos Communications (up 50%) and the worst was Audience (down 66%). Not a single company filed for an IPO or a follow-on offering last month; nor did any company complete a ...