On January 21, Xilinx announced its fiscal 3Q16 earnings. Its earnings beat analyst expectations, but the firm still posted a weak guidance for fiscal 4Q16.
ClearBridge Aggressive Growth Fund’s top ten equity holdings in December included UnitedHealth Group (UNH), Comcast (CMCSA), SanDisk (SNDK), Broadcom (BRCM), and Anadarko (APC).
In September 2015, Intel announced plans to invest $50 million in quantum computing. Also, Intel Capital announced plans to invest in eight Chinese startups.
The ClearBridge Aggressive Growth Fund’s assets were invested in 78 holdings in stocks, bonds, and cash as of November 2015. The fund managed $14.04 billion in assets as of the end of November.
Avago Technologies creates semiconductors, and is a key supplier to Apple and Samsung. Avago’s adjusted EPS for the quarter ended November 1 came in at $2.51.
As of December 2, Avago’s stock was trading at $132.21, at the high end of its 52-week range of $95.18–$150.50. Over the past 52 weeks, it soared by 28%.
SMH tracks the performance of 26 publicly listed companies in the US semiconductor sector. Its market capitalization is $277.70 million with an expense ratio of 0.35%.
The VanEck Vectors Semiconductor ETF (SMH) tracks a market cap–weighted portfolio of US semiconductor companies. SMH’s market capitalization is $179.29 million.
Broadband and connectivity In 2Q15, the “Broadband and Connectivity” segment of Broadcom (BRCM) generated revenues of $1.42 billion compared to $1.40 billion in 1Q15 and $1.30 billion in 2Q14. Operating income in 2Q15 for this segment was $268 million compared to $241 million in 1Q15 and $243 million in 2Q14. While operating margin was 18.8% […]
Overview of the company Broadcom (BRCM) is a global leader and innovator in semiconductor solutions for wired and wireless communications. The company has a portfolio of integrated SoC (system-on-a-chip) solutions that help deliver voice, video, data, and multimedia connectivity for both home and business applications. Broadcom’s business is structured around two reportable segments: Broadband and Connectivity Infrastructure and […]
Only a few large companies, including Intel, Samsung (SSNLF), and Taiwan Semiconductor Manufacturing Company (TSM), could afford to run 450 mm manufacturing sites.
Intel’s Data Center Group supplies server, storage, and network platforms for enterprise, cloud, communications infrastructure, and technical computing.
The current ratio measures whether the firm is in a position to pay their obligation or not. The higher the ratio, the better. Skyworks has the highest ratio of 5.70.
In the Broadcom-Avago merger, you’re getting about an 8.9% annualized yield. That’s probably a reasonable return in a low interest–rate environment and given the risks of the transaction.
The Broadcom-Avago merger can fall apart on antitrust or on the national interest issues of the CFIUS. The most realistic way to block the merger is through CFIUS review.
In the Broadcom-Avago merger, Broadcom (BRCM) shareholders will have the right to choose from four options for their stock. Shareholders should take advantage of the best option.
In a May 28 press release, Avago Technologies said it will acquire Broadcom for $37 billion. Avago will gain a broad portfolio of chips that Broadcom develops.
Qualcomm continues to face issues in China (FXI), the most important market for the company. Plus, Samsung reportedly replaced Qualcomm’s chipsets with its own chipsets in its latest Galaxy S6 smartphone.
Gordon Moore predicted that chip complexity would double roughly every year. Moore’s Law has held up well, as chip complexity doubles every year and a half.
Highfields Capital initiated a new position in MIK in the third quarter. The position accounts for 1.38% of the fund’s 3Q14 portfolio. Michaels is the largest arts and crafts specialty retailer in North America.
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.
Texas Instrument’s Embedded Processing segment’s products can be referred to as the “brains” of many electronic devices. They’re designed to handle specific tasks.
Qualcomm’s (QCOM) stock performed poorly compared to the company’s peers in the semiconductor industry. As the chart below shows, Qualcomm’s stock has increased by only 2% year-to-date.
According to the company’s annual report for 2013, no single Texas Instruments customer accounts for 10% or more of its revenue. This means the company’s growth isn’t dependent on any single customer, and that it has a diversified customer base.
Once a Texas Instruments customer selects an analog chip, there’s a tendency to stick with it for the entire life of the device. It’s a costly affair to redesign a device for a different chip that may not be compatible with the rest of the product.
Of its three operating segments, the analog and embedded processing segments are growing best. At the same time, it’s the analog and other segments that contribute the best margins.
Qualcomm’s management mentioned that its Wi-Fi and RF360 products are showing fast growth. RF360 is the radio frequency chipset that is a single chipset aimed to work with 40 different cellular radio bands across the world.
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.
