Merrill Lynch upgrades ratings of semiconductor stocks

Merrill Lynch forecast the worst time of semiconductor industry had passed and upgraded several semiconductor stocks in the world from ¡§neutral¡¨ to ¡§mid-term buy¡¨. Merrill Lynch said it upgraded the ratings of the semiconductor stocks, for it believed the global demand and supply of the semiconductors would become stable after a period of strong demanding. There are 11 stocks upgraded, including STMicroelectronics, Texas Instruments, Analog Devices, Chartered Semiconductors, Linear Technology, Semtech, Micron Technology and so on.

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