Cypress Continues to Outgrow the Semiconductor Industry

Cypress Semiconductor Corporation (NASDAQ: CY) announced third-quarter 2017 results on Thursday after the market closed, showcasing its ability to continue effectively targeting the fastest-growing embedded-semiconductor markets. Shares of Cypress Semi climbed 2.7% on Friday to a fresh five-year high as investors digested the news.

Let's take a closer look, then, at how Cypress started the second half, as well as what we can expect from the company in the months ahead.

Image source: Cypress Semiconductor.

Source: Fool.com