Singapore-based chipmaker Avago Technologies announced Monday morning that it will acquire U.S.-based chipmaker PLX Techology. The acquisition adds strength to Avago's presence in the storage and networking switch and internal bus market.
Merrill Lynch analysts continue to be positive on the semiconductor sector. They see tailwinds from a macroeconomic pick-up, rising content in all end markets, a disciplined supply chain and an accelerating pace…
ThinkstockThe grinding sell-off that started with biotech, moved to momentum stocks and ended up with solid big cap technology stocks has given investors a very solid entry point to some of the…
Given the solid quarter delivered by Cisco, Oppenheimer analysts think that investors can expect the supply chain to respond favorably, especially the companies leveraged to cloud and hyperscale data center and networking.
These are the top Wall Street analyst upgrades, downgrades and initiations for Wednesday, May 14, 2014. They include Akamai Technologies, Avago Technologies, Pandora Media and Randgold Resources.
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Friday, May 9, 2014. They include Apple, GE, Molycorp, Occidental Petroleum, Teradata and Twitter.
Avago Technologies announced that it has completed its acquisition of LSI Corp. The latter will cease to be publicly traded after the closing bell Tuesday, and Avago will replace it on the…
These are the top analyst upgrades, downgrades and initiations on Monday, April 7, 2014. They include Alcoa, Avago Technologies, Citigroup, Intel and Newmont Mining.
Oppenheimer is one of the Wall Street firms that feels Apple is losing its luster. With intense smartphone and tablet competition, the firm feels that the current product cycle for the company…
The obvious benefits to Apple Inc. (NASDAQ: AAPL) and China Mobile Ltd. (NYSE: CHL) from the deal announced Sunday night also trickle down to semiconductor makers that supply Apple with memory and…
In a new research report, the Merrill Lynch team points out that the sector is trading at the steepest discount to the market in its history. It seems that 2014 might be…
Jon Ogg in NYCStocks are wanting to challenge their all-time highs again going into year-end, and investors have to figure out how to position their portfolios for 2014. 24/7 Wall St. reviews…
ThinkstockAvago Technologies Ltd. (NASDAQ: AVGO) announced Monday morning that it will acquire LSI Corp. (NASDAQ: LSI) for $11.15 a share, or a total of about $6.6 billion. The stock in both firms…
ThinkstockWorldwide sales of semiconductors climbed to a record $80.92 billion in the third quarter of 2013, up 8.4% from $74.64 billion in the prior quarter, according to the Semiconductor Industry Association (SIA).…
ThinkstockCredit Suisse has made many key changes to its universe of Top Picks. This is the firm’s sector-by-sector report showing the three top picks from the firm’s analysts. For each stock that…
