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9 Chip Earnings to Watch

Stocks in this article: COHU MKSI UTEK CRUS HITT CPWR MTSN ENTG CY MSFT

NEW YORK ( TheStreet) -- The following companies from the semiconductor and application software industry will release their quarterly earnings this week. These stocks have upsides ranging from 8% to 57% with an average 58% buy rating and 37% hold rating.

At a recent SEMI conference, the vice president of research at Gartner projected 6% growth for the $300 billion semiconductor industry over the next four to five years. He added that the growth would be led by a compounded annual growth of 25% and 60% for smartphones and media tablets (iPads), respectively, over the period 2010-2015.

The stocks are stacked based on their earnings release date.

>>For upcoming earnings and estimates, see our Earnings Calendar.

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