Cypress Semiconductor Enjoys Broad-Based Growth

Cypress Semiconductor Enjoys Broad-Based Growth

Cypress Semiconductor Corporation (NASDAQ: CY) announced better-than-expected second-quarter 2017 results on Thursday after the market closed, highlighting record revenue from each of its key market verticals. But with shares of the embedded-semiconductor company already up 28% year to date, Cypress stock was little changed on Friday as the market absorbed the news.

Let's dig deeper into Cypress Semiconductor's performance to end the first half, as well as what investors can expect from the company going forward.

Image source: Cypress Semiconductor.

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Source: Fool.com