How Broadcom’s Acquisitions Could Improve Its Profitability
Broadcom’s profitability In the previous part of this series, we saw that Broadcom (AVGO) is likely to witness seasonal revenue decline as demand in its wireless segment, its second largest, falls. While revenue depends significantly on external factors such as customer demand, the pricing environment, and competition, profitability depends on internal factors such as cost control and product […]
What’s All the Fuss about Apple’s iPhone 8?
Since 2017 marks the tenth anniversary of the iPhone, analysts and customers are expecting significant technology improvements in the iPhone 8.
What Are Broadcom’s Plans for Its Enterprise Storage Business?
Broadcom’s latest acquisition of Brocade should double the size of its Enterprise Storage segment, which currently accounts for 13% of its revenue.
Prolonged Stock Consolidation Is Bad for AMD
AMD stock has consolidated in 2017 after year-long growth in 2016. The stock price fell even though the company’s fundamentals improved.
Where Does Broadcom Call Home?
Tax office in Singapore Broadcom (AVGO), which has proposed to acquire Qualcomm (QCOM), currently maintains large corporate offices in both the United States and Singapore. However, Broadcom is incorporated as a Singaporean company, so its tax office is in Singapore. Last year, the company said that it was considering shifting its corporate headquarters, or tax base, to […]
Why Qualcomm Stock Has Fallen Recently
Chipmaker Qualcomm (QCOM) reported its fiscal 2Q18 financial results on Wednesday, April 25.
Qualcomm’s Earnings Take a Hit from Legal Issues
As the smartphone industry faces a slowdown in growth, Qualcomm (QCOM) is in the middle of several legal and shareholder battles.
Highfields Capital exits its position in Broadcom
Highfields Capital sold its position in BRCM in the third quarter. The position accounted for 1.66% of the fund’s 2Q14 portfolio. Broadcom makes semiconductors for wired and wireless communications.
What to Expect from Intel’s 1Q16 Earnings
Intel (INTC), a leader in the semiconductor space, is due to announce its fiscal 1Q16 earnings on April 19, 2016.
Why Is Qualcomm Stock Rising Today?
Qualcomm (QCOM) stock is up over 2% so far today after the markets rebounded. This rise follows its 4.6% decline on October 8.
Broadcom Restructures CA Technologies’ Business Model
Broadcom (AVGO) has been growing its cash flow by acquiring companies that are market leaders with high cash flow.
US-China Trade Tensions Put Qualcomm-NXP Deal at Risk
Qualcomm (QCOM) has been losing business to its competitors even before fears of a US-China (MCHI) trade war began.
Here Are Broadcom’s New Business Segments in Fiscal 2019
Broadcom’s (AVGO) fiscal 2019 first-quarter revenue is expected to be hit by declines in Apple’s (AAPL) iPhone sales and a slowdown in spending by hyperscale cloud customers.
Checking In on Broadcom’s Stock Buyback
Broadcom’s capital allocation policy is to spend 50% of its trailing-12-month free cash flow in dividends and use the remaining for acquisitions and buybacks.
Apple Supplier Stocks Rise despite iPhone Revenue Falling 15%
Yesterday, Apple (AAPL) announced its fiscal 2019 first-quarter earnings, just beating its lowered revenue guidance.
Can Qualcomm Achieve Its Fiscal 2019 Earnings Pledge?
Qualcomm’s $7.00 EPS estimate is subject to the resolution of licensing lawsuits with Apple.
How Shareholders View Qualcomm’s Future
Qualcomm’s (QCOM) five-year capital gain is flat, its three-year capital loss is 2.8%, and its one-year capital gain is 9.0%.
What Drove Broadcom’s Fiscal 2018 Revenue?
Broadcom (AVGO) has grown its business organically and through acquisitions.
What Broadcom’s Capital Allocation Strategy Means for Investors
In November 2017, Broadcom tried to acquire Qualcomm (QCOM) but failed, resulting in it compensating shareholders by announcing a $12 billion stock buyback in April.
Acquisitions: Broadcom’s Key Growth Driver
Broadcom (AVGO) has grown significantly over the last few years, both organically and through acquisitions. In this series, we’ll see how acquisitions affect Broadcom’s earnings.
Understanding the Impact of US Tariffs on Qualcomm
The alternate sourcing of communication chips would adversely impact US-based Qualcomm (QCOM), Intel (INTC), and Broadcom (AVGO), which supply communications chips.
How Is Broadcom Stock Placed Ahead of Its Q4 Earnings?
Broadcom is set to report its fiscal 2019 Q4 results on December 12. We expect the company’s earnings to beat analysts’ Q4 and fiscal 2019 estimates.
Profitability of 16-NM Planar NAND Entices Micron
To improve upon its storage business, Micron announced the availability of its 16-nm TLC planar NAND in the previous quarter.
Goldman Sachs Warns against Six Semi Stocks due to China Exposure
The second half of January 2019 has been turbulent for tech sector companies, especially semiconductors.
How Successful Has Qualcomm’s $30 Billion Buyback Been?
Qualcomm (QCOM) is a leader in the mobile market, with its chips powering 95% of the world’s smartphones.
Will Broadcom’s Q1 Revenues Meet Analyst Estimates?
Broadcom’s fiscal 2018 revenue rose 18% YoY, as it included full-year sales of Brocade Communications.
Micron Expects Its Quarterly EPS to Cross the $3.0 Mark
Micron’s earnings rose faster than its revenue as it invested in advanced dynamic random-access memory and negative AND technology.
New Management Puts Marvell Back in Business
Communications semiconductor supplier Marvell Technology (MRVL)—a name that has been in the spotlight for an accounting scandal—is showing signs of revival.
Paul Jacobs’ Plan to Privatize Qualcomm Has Its Complications
Paul Jacobs needs a lot of money to fund the buyout of a company as large as Qualcomm.
What’s Unique about Micron’s Stock Buyback Program?
Micron, a pure-play memory chipmaker, has one of the semiconductor industry’s most cyclical stocks.
Semiconductor Investors Should Be Wary of Any US Ban on Huawei
Semiconductor investors are pleased as the United States and China (FXI) look to resolve trade disputes, including forced technology transfers and intellectual property theft.
New Management to Pull Marvell Technology from Red to Green
Marvell Technology (MRVL) has been in the news for all the wrong reasons in fiscal 2016. MRVL experienced accounting, legal, and management issues that brought its fiscal 2Q16 earnings under scrutiny and resulted in the removal of its co-founders.
Why Broadcom Chose CA Technologies as Its Next Acquisition Target
Broadcom (AVGO) stock fell 13.75% on July 12, a day after the company announced plans to acquire CA Technologies (CA) in an all-cash deal of $18.9 billion.
Broadcom Impacted by US FTC Probe and Huawei Ban
Broadcom (AVGO) is the world’s largest communications chip company. Broadcom is known for growing through acquisitions.
What’s Micron’s View on Toshiba’s NAND Business Acquisition?
The second-largest NAND supplier, Toshiba (TOSBF), recently put its NAND business up for sale to avoid bankruptcy.
How Would Qualcomm Fund a Possible Acquisition of NXP?
If Qualcomm (QCOM) looks to buy NXP Semiconductors (NXPI), the deal could be valued at just above $30 billion or as high as $46 billion.
What Proxy Advisory Firms Recommend for AVGO-QCOM-NXP Merger
On February 16, 2018, proxy advisory firm ISS (Institutional Shareholder Services) stated that although Broadcom’s $82 per share offer doesn’t adequately value Qualcomm, it presents a good start for further negotiations.
Moving Average Trends and Analyst Estimates of JPMNX’s Top Holdings
All of JPMNX’s top holdings except CJPXX were trading below their 20-day and 100-day moving averages as of January 29, 2016.
Broadcom’s Acquisitions Burden Its Balance Sheet with High Debt
At the end of fiscal 2018, Broadcom’s cash reserves stood at $4.3 billion, and long-term debt stood at $17.5 billion.
Chilton sells position in Kohlberg Kravis Roberts
By acquiring KKR Financial Holdings, KKR increased the scale and liquidity of its balance sheet and added over $2 billion in net assets to support the continued growth of its business.
Why is the Freescale–NXP merger premium so low?
The companies were asked about the takeover premium and the background to the transaction on the conference call, but they refused to comment.
Highfields Capital Management’s positions in 3Q14
Highfields Capital Management LP is based in Boston. The fund was founded by Jonathon Jacobson in 1998. The fund’s US long portfolio declined slightly to $12.8 billion in the third quarter.
Cloud Companies Increase Capital Spending in Data Center
Micron Technology’s (MU) biggest growth opportunity in the data economy lies in the cloud data center market.
Broadcom and Avago Merger: Why Is the MAC Clause Important?
It’s important for investors to understand the MAC clause. It explains how Avago (AVGO) can exit its transaction with Broadcom (BRCM).
Broadcom: Fiscal 2018 Earnings Boost Investors’ Confidence
Broadcom reported its better-than-expected third-quarter earnings and strong guidance on December 6.
Loss of Apple Orders Dents Qualcomm’s Q1 2019 Earnings
Qualcomm stated that its first-quarter revenue fell 20% YoY to $4.84 billion.
Micron’s Opportunity in Increasing Memory Content per Smartphone
Micron’s CEO, Sanjay Mehrotra, explained there is growing demand for high-quality smartphone cameras that can take high-resolution images and videos.
What Efficiency Ratios Say about Qualcomm’s Profitability
Qualcomm had ROE of 2.7%. On the other hand, Broadcom and NXP had ROE readings of 34.2% and 18.1%, respectively.
What’s behind Semiconductor Stocks’ Rise?
Most semiconductors stocks had risen more than 2% as of midday today, with several factors having raised investors’ optimism about the sector’s growth.
Regulatory Approval Will Challenge the Tsinghua-Micron Deal
It would be difficult for Tsinghua to get approval from the US government because it wouldn’t allow a foreign company to buy a chip maker of strategic components.
Why Broadcom Is One of the Most Profitable Semiconductor Companies
Until now, Broadcom’s profits were a product of a favorable product mix, low costs, and high volumes.
Does Micron Look Attractive Right Now?
Micron Technology (MU) stock has been declining since Tuesday after two analysts downgraded their estimates on the stock.
Qualcomm Clears Clouds of Doubt in Its Fiscal Q3 2018 Earnings
On July 26, Qualcomm stock rose 7% while NXP Semiconductors stock fell 5.7% after the two companies announced the end of their merger talks.
Qualcomm’s Slowing Fundamentals Make Valuation Unattractive
Qualcomm’s (QCOM) stock has been in a downtrend for more than three months due to weak smartphone demand.
Gauging the Impact of Restructuring on Marvell’s Wireless Business
Marvell Technology Group’s (MRVL) Mobile and Wireless segment completes its cycle of storing, moving, and accessing data.
What Makes Cypress’s IoT Portfolio Stand Out?
IC Insights estimates that the IoT semiconductor market will reach $30 billion by 2019. Cypress is looking to tap this market through product innovation.
Why Microsoft Plans to Issue Less Debt This Year
Over the last few decades, companies have resorted to debt issuance to fund share repurchases and boost earnings per share for several reasons, including low interest rates and the full deduction of interest from taxable income.
Intel Doubles Down on This $8 Billion Market
This month Intel (INTC) announced the acquisition of Omnitek.
Inside Marvell’s Wireless Plan
In fiscal 4Q16, Marvell exited its mobile business, which reduced the Wireless segment’s revenue contribution to 18%.
How Tariffs Affect Semiconductor Stocks and China
In this series, we’ll discuss the potential impact of the United States’ tariffs on the country’s semiconductor companies.
Is the Market Signaling a Rate Cut?
Amid slowdown fears, the Fed took a more dovish position in its last policy meeting. The Fed has signaled no more rate hikes for 2019.
What Triggered the Downtrend in Qualcomm Stock?
Qualcomm (QCOM) is in a strong growth market, but legal headwinds are clouding its short-term growth. Qualcomm’s stock price has fallen 12.4% in the last 12 months.
Why Broadcom’s Industrial Segment Is a Growth Deterrent
Broadcom’s Industrial segment serves the industrial, consumer, medical, automotive, military, and aerospace markets.
Intel-Qualcomm Competition Extends to 5G and Automotive
Qualcomm (QCOM) has already taken the mobile market from Intel (INTC). Qualcomm is now venturing into the server processor market.
Why Broadcom Stock Is an Attractive Pick for Investors
Today at 6:07 AM ET, Broadcom stock rose 1.74% to $314.25 in the pre-market session. The company reported its second-quarter results on Thursday.
NortonLifeLock’s Q4 Earnings Report: Strength amid COVID-19
NortonLifeLock (NASDAQ:NLOK) released its earnings results for its fiscal fourth quarter, which ended April 3, on Thursday after the market close.
Is AMD Stock a Buy or Sell at These Prices?
On Wednesday, Advanced Micro Devices (NYSE:AMD) stock gained 0.1% and closed at $54.99 with a market cap of $64.4 billion.
Broadcom Stock Looks Attractive to BMO Capital
An analyst pointed out that Broadcom stock is trading at a discount. The analyst upgraded the ratings and believes in buying the stock on the dip.
Qualcomm Lifts Its Dividend amid Coronavirus Risk
Qualcomm stock (NASDAQ:QCOM) rose about 8.6% on Tuesday. Notably, the semiconductor giant announced a rise in its dividend.
Apple Continues to Fight the Caltech Patent Dispute
Despite the recent court ruling, Apple isn’t going to surrender. Apple and Broadcom plan to keep challenging Caltech’s case in court through appeals.
AMD Stock: Are Analysts’ Target Price Revisions Justified?
AMD stock fell 4.0% on Thursday and closed the trading day at $48.11. The company’s market capitalization is about $56.3 billion.
AMD Stock Fell Due to Disappointing Guidance
AMD reported upbeat fourth-quarter results on Tuesday after the market closed. The company posted better-than-expected revenue and earnings in the quarter.
Could AMD’s Q4 Earnings Report Boost Its Stock?
Advanced Micro Devices is scheduled to report its fourth-quarter earnings results on January 28 after the market bell. Will the results boost AMD stock?
Could Intel’s Q4 Earnings Report Boost Its Stock?
Intel expects sales of $19.2 billion in the fourth quarter—a rise of 3.0% YoY. The operating margin could fall by 2% YoY to 33.5% in the fourth quarter.
Can AMD Stock Rally more on Analysts’ Upgrades?
Advanced Micro Devices (AMD) stock has been making new highs every other day. On January 9, AMD stock reached its all-time high of $49.96.
Analyzing Broadcom’s Acquisitions in the Software Sector
Broadcom has been making many acquisitions in the software industry. The semiconductor giant seems to be drifting away from its core chip business.
Is Ambarella Stock Ready to Rally More in 2020?
Ambarella (AMBA) stock closed the trading day on December 27 at $59.91, a fall of 1.5%. The stock is trading 10.8% lower than its 52-week high of $67.15.
Is Apple the Most Suitable Buyer for Broadcom’s RF Chip?
Broadcom (AVGO) stock rose by 0.3% on Tuesday, after reports that Apple (AAPL) could buy Broadcom’s RF (radio-frequency) chip business.
The Worst Is Over for Broadcom Stock—Can It Rally?
Broadcom (AVGO) stock has grown at a sluggish pace this year, underperforming its peers. AVGO has returned only 27.2% year-to-date.
Micron Stock to Rally Further on Chip Demand Recovery
Micron Technology stock has been gaining on optimism of recovery in memory chip demand. As of December 20, MU stock had risen for nine days straight.
Why Broadcom Might Sell its RF Wireless Chip Unit
Broadcom (AVGO) plans to sell one of its wireless chip units. The Wall Street Journal stated that Broadcom wants to divest its radio-frequency segment.
Can the Nvidia-Mellanox Acquisition Deal Happen Soon?
Chipmaker Nvidia (NVDA) is facing uncertainty around its pending acquisition of Mellanox Technologies (MLNX) amid the US-China trade war concerns.
Why Did Broadcom Stock Fall despite Upbeat Earnings?
Broadcom (AVGO) stock fell 3.78% on December 13. The company reported its fourth-quarter earnings results on December 12 after the market bell.
Micron Has Upside Potential—Just Ask These Analysts
Micron has been in a rough patch for some time. It’s been suffering due to the US-China trade war, a semiconductor downcycle, and a recessionary scenario.
Analysts Love Nvidia Stock despite Trade War Fears
Nvidia stock has climbed only 1.2% since reporting its Q3 earnings on November 14. Analysts seem bullish on NVDA despite the US-China trade war fears.
Why Is Microchip Stock Rising Today?
Microchip stock rose in pre-market trading today after the company updated its financial guidance for the third quarter of fiscal 2020.
Nvidia Stock: Is there an Upside despite Tariff Fears?
Nvidia (NVDA) stock fell 3.46% on Monday and closed the trading day at $209.25. At this closing price, the market cap stands at around $128.1 billion.
Broadcom Arranges Financing for Symantec Acquisition
Semiconductor giant Broadcom is reportedly arranging funds for the acquisition of cybersecurity company Symantec, though the terms are undisclosed.
Why high-grade and high-yield markets assess risks before FOMC
Generally, bond yields increase when the economy is expanding because the central bank will likely raise rates sooner rather than later—the demand for financing for funding new projects also increases which generally tends to increase rates.
Broadcom Stock: Should You Buy after Analyst Upgrade?
On November 19, Morgan Stanley upgraded Broadcom (AVGO) stock, increasing its price target and recommendations. AVGO rose 2.13% and closed at $317.70.
Broadcom Stock Jumps on Morgan Stanley Upgrade
Chip maker Broadcom (AVGO) stock jumped over 2% on November 19 after Morgan Stanley raised its price target and recommendations.
David Tepper’s Appaloosa: Analyzing Its Top Holdings
In the third quarter, David Tepper’s Appaloosa included three new stocks, exited five securities, and increased its stake in the existing eight stocks.
Trump Extends Huawei Reprieve: Impact on Stocks
The Trump administration has reportedly agreed to extend Huawei’s license, enabling it to continue its business with US companies for another 90 days.
Qualcomm Stock Rising on Earnings, Licensing Revenues
Qualcomm stock rose as much as 6% in the extended trading on Wednesday due to its earnings results. The company posted upbeat fourth-quarter results.
Nvidia Rose, Analyst Upgraded Stock before Earnings
On Monday, Nvidia (NVDA) stock rose 3.9% and closed at $210.50. At the closing price, the company’s market capitalization was $128.2 billion.
A Look at Broadcom’s Business Ecosystem
After multiple mergers and acquisitions, Broadcom (AVGO) became the world’s largest fabless IC design company by revenue in 2Q17. In this series, we’ll look at the opportunities and challenges that could impact Broadcom’s fiscal 3Q17 earnings.
AMD Earnings: What CEO Lisa Su Has to Offer in Q3
AMD will report its third-quarter earnings results today after the market bell. The stock is trending higher before its third-quarter earnings results.
NVIDIA Stock: A Price Target and Valuation Update
NVIDIA stock is down 32.5% in the past year amid the burst of the cryptocurrency bubble and trade war fears. NVDA has risen since its Q2 results.
Intel Stock Looks Good before Its Q3 Earnings
Intel (INTC) stock fell 1.12% on Thursday and closed at $51.86. The stock was trading 13.0% below its 52-week high of $59.59.
Micron Stock: Why Analysts Think It Is Undervalued
Micron (MU) stock was up 4.21% on Friday and closed at $45.10. MU was trading 12.2% below its 52-week high of $51.39 for a market cap of $49.9 billion.