Semiconductors - The solar revolution is ready

Ready to take solar to the next level

Jim Cramer just had the Chairmen and CEO of National Semiconductor Corp. on Mad Money and part of their conversation was regarding solar power. National Semiconductor makes a number of devices that increase the efficiency of solar panels by 20 percent. And, in panels affected by cloud cover or debris, National Semiconductor has devices that can increase efficiency by 40 to 50 percent.

When Cramer asked if solar power was finally price competitive with hydrocarbons, the CEO said no. Today, the CEO stated that hydrocarbons are 6X more efficient, but for people in the semiconductor industry, 6X is nothing. Essentially, solar power is on the verge of becoming just as efficient as hydrocarbon power according to the CEO.