|Bid||0.00 x 900|
|Ask||0.00 x 4000|
|Day's range||65.01 - 66.21|
|52-week range||48.56 - 76.50|
|Beta (3Y monthly)||1.58|
|PE ratio (TTM)||N/A|
|Earnings date||7 Nov 2018|
|Forward dividend & yield||2.48 (3.86%)|
|1y target est||72.62|
Texas Instruments (TXN) caters to a broad range of markets, diversifying its earnings. The company has been reducing its investments in the slowing personal electronics market to focus on the fast-growing industrial and automotive markets. However, it has maintained a presence in the personal electronics market, as it believes mobile technology and PCs are here to stay.
Although Intel (INTC) has been shifting to its data-centric business, PC is its biggest segment. PC contributes over 50.0% toward revenues and over 60.0% toward operating income. The CCG (Client Computing Group) offers PC CPUs (central processing units) and smartphone modems and competes with Advanced Micro Devices’ (AMD) Ryzen CPUs and Qualcomm’s (QCOM) modems.
On October 12, chipmaker Broadcom (AVGO) obtained antitrust approval from the European Union (EZU) for its all-cash $19 billion deal to acquire software company CA Technologies (CA). The company now expects to complete the deal on November 5.
Alphabet’s (GOOGL) Google is seeking to overturn the July decision by the European Union’s antitrust watchdog that it had abused the market dominance of its Android OS (operating system) for several years.
The US and China (FXI) are leading in the field of 5G (fifth-generation), AI, and IoT. US companies Intel (INTC), Qualcomm (QCOM), and NVIDIA (NVDA) are working closely with Chinese giants like Baidu (BIDU) and Huawei in various aspects of AI and 5G. On the other side, the US government is imposing tariffs on components that are key for 5G deployment.
The second round of the US tariffs on $200 billion of Chinese (FXI) imports includes connected devices. The above HTS category includes modems, Wi-Fi routers, gateways, cell tower radios, Bluetooth-enabled devices, and any component used to connect to the Internet and mobile networks. According to a study by the CTA (Consumer Technology Association), 10.0%–25.0% tariffs on connected devices would increase the price of these products by 8.5%–22% and reduce their consumption by 6%–12%.
Enterprises, developers and academies join forces in "Arrow Edge Computing Seminar" to discuss potentials and applications in AI Edge today at Hong Kong Science and Technology Park (From Left ...
China (FXI) is the global manufacturing hub of semiconductor and consumer electronics. The US tariffs would make goods manufactured in China expensive for US companies, encouraging them to move their operations or supply chains away from China. According to DRAMeXchange, 40% of the global server demand comes from North America as big cloud companies like Google and Amazon order in bulk.
As the earnings season gains steam, equity markets appear a bit shaky with high volatility and lower-than-expected performance from the technology sector, of which telecom is part.
"We are going to advocate in a written form to all members of the Cfius committee that this should be reviewed,” Paul Wednesday said in an interview on Bloomberg Television. The Kentucky Republican sent a letter to Treasury Secretary Steve Mnuchin, which was obtained by Axios, saying that the acquisition poses a national security risk because CA Technologies provides support services to critical U.S. infrastructure, including utility companies and financial institutions as well as network services to the military.
Paul, in remarks at a Senate committee hearing Wednesday, questioned whether the deal was undergoing such a review and said he would send a letter later requesting one. Paul’s statement underscores continuing concerns about Broadcom, a leading semiconductor manufacturer that has aggressively sought acquisitions in the U.S. technology sector. In March, President Donald Trump blocked Broadcom’s hostile $117 billion bid to buy Qualcomm Inc., citing risks to U.S. national security and the nation’s development of next-generation wireless technology.
The executive who oversees Nokia’s (NOK) patent licensing business, which falls under its Nokia Technologies segment, is leaving the company. Ilkka Rahnasto is leaving his role as Nokia’s patent chief at a time when Nokia has reached patent licensing agreements with all of the world’s top handset makers, including Samsung (SSNLF), Xiaomi, Apple, Huawei, and LG Electronics.
While troubles are looming in Intel’s (INTC) key CPU (central processing unit) market, things look bright for the chip giant in the baseband modem market. This year, Apple (AAPL) ditched Qualcomm’s (QCOM) baseband modems in favor of Intel’s modems, helping Intel gain more of the modem market.
The Zacks Analyst Blog Highlights: Cisco, Procter & Gamble, Citigroup, Qualcomm and General Electric
Telecom firms face a setback as California Governor Jerry Brown has passed a net neutrality bill against the Trump administration's mandate.
Verizon Communications (VZ) recently partnered with Nokia (NOK) and Qualcomm Technologies, a unit of Qualcomm (QCOM), to attain a live commercial 4G LTE network speed of 1.45 gigabits per second (or Gbps) in New York.
Intel (INTC) is a leading player in the computer and server CPU (central processing unit) market. However, over the last few weeks, PC (personal computers) makers and chip suppliers are noticing Intel’s processor shortage primarily due to higher-than-expected CPU demand as well as a delay in the volume production of the 10-nm (nanometer) node.