Nvidia is set to report its earnings for the third quarter of fiscal 2020 after the closing bell on Thursday. The company looks strong before its earnings.
Cramer seems to be very bullish on Nvidia stock. Notably, the stock looks solid. The company is set to report its third-quarter earnings on November 14.
Tech stocks are driving today’s stock market rally. As of 3:52 PM ET, the tech-heavy the Nasdaq Composite Index is up 0.81%, driven by a surge in tech stocks.
At the time of its fiscal 3Q18 earnings release on November 9, NVIDIA Corporation (NVDA) also announced that it was hiking its quarterly cash dividend by 7.0%.
Cypress Semiconductor (CY) reported record revenues in 3Q17, supported by expanding bill-of-material coverage. Its IoT wireless connectivity grew 80% year-over-year in 3Q17.
An MCU (microcontroller) is an entire embedded system on a chip with memory. IoT (Internet of Things) devices depend on MCUs for connectivity and data collection.
Qualcomm is preparing for its biggest acquisition yet of NXP Semiconductors (NXPI) for $38 billion excluding debt. This move will change Qualcomm’s business model.
While Xilinx reported revenue a fall in communications and data center in fiscal 2Q17, the fall was offset by 7% sequential growth in industrial and A&D.
On July 26, 2016, Analog Devices (ADI) announced that it is acquiring Linear Technology (LLTC) in a cash-stock deal worth $14.8 billion. This equates to $60 per share of Linear Technology.
Higher leverage in an industry like the semiconductor space, which has volatile earnings, constrains the company’s financial flexibility by adding a fixed cost of interest.
Atmel has a PE (price-to-equity) ratio of 80.3, which is way higher than Intel’s (INTC) 12.9, Texas Instrument’s (TXN) 18.19, and Microchip’s (MCHP) 26.9.
Atmel’s revenue from MCUs fell by 23.6% YoY to $183.1 million in 4Q15 and by 18.7% YoY to $808 million in 2015. MCU accounts for 70% of its total revenues.
On September 20, 2015, Dialog Semiconductor agreed to buy Atmel for ~$4.6 billion. But in December, Microchip made a competing bid of nearly $3.6 billion.
Microchip has been acquiring small companies and integrating them successfully, but now it’s announced a major merger with Atmel, which is ~47% its size.
Cypress was rumored to have challenged Dialog’s offer for Atmel. Cypress denied the rumors, stating that it had approached Atmel’s board in the past, but had withdrawn from the bid.
The combined company from the merger of Atmel (ATML) and Dialog will become a global leader in both power management and embedded processing solutions.
On August 18, 2015, Analog Devices (ADI) declared its 3Q15 results and reported revenues of $863 million, an 18.54% increase year-over-year (or YoY) compared to revenues of $728 million in 3Q14.
On August 25, 2015, Microchip (MCHP) announced its collaboration with Intel (INTC) in order to enhance privacy and security for Internet-of-Things (or IoT) products.
On August 25, 2015, Microchip announced a collaboration with Intel in order to enhance privacy and security in the Internet of Things (or IoT) products.
On August 3, Microchip announced its 1Q16 earnings, reporting revenues of $534 million. This is a 0.94% increase year-over-year, compared to revenues of $528.9 million in 1Q15.
These devices include connected home devices such as air conditioners, washers, and refrigerators, security systems such as alarms and cameras, and energy devices such as thermostats.
Texas Instruments is renowned for its significant contributions to technology. Among other inventions, it’s credited with the single-chip microcomputer, built in 1971.
SanDisk earned a 51% gross margin in 2Q14. This suggests there is still room for improvement in Micron’s margins as it shifts its focus towards TLC NAND.
When Microchip Technology Inc. announced an inventory correction in the chip industry on October 10, 2014, semi-conductor stocks including Intel Corporation, Texas Instruments Incorporated, and others fell
A change in Microchip Technology’s revenue forecasts Microchip Technology Inc. (MCHP) revised its revenue projection downward for this quarter to $546 million. The earlier revenue forecast for the current quarter was $560 million–$575 million. The revised forecast is ~3.7% lower than the average of the company’s previous guidance. Microchip Technology’s results and announcements are roughly considered […]
On October 9, 2014, Microchip Technology Inc. (MCHP) announced that it expects its current-quarter revenue not to meet the company’s previous forecast or analyst projections.
