66.47 +1.09 (1.67%)
Pre-market: 6:20AM EST
|Bid||66.11 x 100|
|Ask||66.48 x 900|
|Day's range||65.08 - 65.90|
|52-week range||48.92 - 69.28|
|PE ratio (TTM)||39.62|
|Earnings date||31 Jan 2018|
|Forward dividend & yield||2.28 (3.48%)|
|1y target est||64.94|
Apple's return to a buy zone Friday had key shortcomings. Meanwhile, iPhone chip suppliers such as Broadcom, Qualcomm and Skyworks have been lagging even worse.
Case in point: wireless-chip giant Qualcomm (QCOM), which is under a hostile takeover attack by even-more-gigantic rival, Broadcom (AVGO). Last week at the Consumer Electronics Show in Las Vegas, Qualcomm announced some new business it won in the radio frequency, or RF chip, business. Broadcom in early November made an unsolicited $130 billion bid for Qualcomm.
Intel (INTC) is teaming up with Warner Bros. to create entertainment for people riding in self-driving cars. Warner Bros. is a major Hollywood studio owned by Time Warner (TWX). AT&T (T) is in the process of acquiring Time Warner, along with its portfolio of entertainment and media assets, for $85.4 billion.
In this series, we have been looking at some of the top performing semiconductor companies (SMH) both in terms of earnings and stock prices. Analysis of the semiconductor industry is incomplete without mention of Intel (INTC), which has been ruling this market for over three decades. 2017 brought change to the industry order, as the strong memory environment put Samsung (SSNLF) ahead of Intel in terms of revenue.
Two ingredient technologies being touted by officials at CES this year are 5G wireless and artificial intelligence.
LAS VEGAS (AP) — What happens to all those internet-connected refrigerators, robots and other devices when the power goes out?
Qualcomm Inc., as it fights what would be the largest technology takeover, is guaranteeing that any acquirer would have to pay up if existing employees are fired after a corporate change of control.
Technologies with the most patent growth include e-cigarettes, 3D-printing, machine learning and autonomous vehicles.
Over the past two years, Intel (INTC) has been undergoing a multiyear transition from the PC-centric business to data-centric businesses. Wall Street analysts expect Intel’s fiscal 2018 revenue to increase 3% YoY (year-over-year) to $63.8 billion. Intel currently supplies GSM (global system for mobile communications) modems, and Qualcomm (QCOM) supplies CDMA (code-division multiple access) modems for Apple’s (AAPL) iPhones.
Qualcomm (QCOM) held a press conference Monday afternoon at the Consumer Electronics Show in Las Vegas, where Qualcomm’s president, Cristiano Amon, used the talk to focus attention on how the company is expanding beyond its traditional business in mobile modems and processors. It was also a bit of a shot over the bow to Broadcom (AVGO), which has been lobbying Qualcomm shareholders for its hostile bid for Qualcomm. Amon said Qualcomm is making progress in its quest to invade the market for chips for the so-called front end radio systems of wireless devices, essentially the power amplifier and attendant filtering, where it is a relative newcomer and where Broadcom has an existing business, along with Skyworks Solutions (SWKS) and Qorvo (QRVO).
Qualcomm Inc., the biggest maker of chips that run smartphones, unveiled a raft of products and customer wins beyond its mobile stronghold, trying to show it can continue as an independent company.
The semiconductor industry could see the ramp-up of AI technology and IoT technology in 2018. It could also see the onset of level-three autonomous vehicles.
Chip giant Broadcom (AVGO) this afternoon said it has mailed out proxy materials to shareholders of Qualcomm (QCOM), urging them to vote for its 11 nominees to Qualcomm’s board during Qualcomm’s meeting of shareholders, as part of Broadcom’s bid to take over Qualcomm. Broadcom offered $70 per share in cash and stock for Qualcomm in early November, but Qualcomm rejected the offer.
The Zacks Analyst Blog Highlights: Wal-Mart, Citigroup, Qualcomm, Sherwin-Williams and Baxter