To be sure, NVIDIA is facing strong competition from chip giant Intel, which is moving aggressively in AI through acquisitions and organic growth efforts.
Symmetricom, Inc. (SYMM) To communicate the thesis, I will first briefly step through the value proposition (as I understand it) of a timekeeping solutions business like SYMM and then highlight where end-market inflection points and current business restructuring support my investment thesis. In general, a company like SYMM exists to satisfy three fundamental imperatives: Provision […]
Increasing capital returns to shareholders is one of Marvell’s (MRVL) management’s main priorities. The company returned $155 million to shareholders in fiscal 4Q17.
Broadcom’s enterprise storage segment In the previous part of this series, we saw that Broadcom (AVGO) is likely to witness seasonal weakness in its wireless revenue. This decline is likely to be offset by flat revenue from its wired segment and strong growth from its enterprise storage segment, which accounts for 14% of the company’s revenue. […]
Pinnacle Foods issued dollar-denominated junk bonds worth $350 million on January 12, 2016. The senior notes were rated B2/B+ and carried a coupon of 5.9%.
According to data from Lipper, leveraged loan funds saw an outflow in the seven days ended January 6. The quantum of outflows was $560.0 million last week.
Investor flows in high yield bond funds were negative last week. According to Lipper, net outflows into the high yield bond funds totaled $809.0 million.
Microsemi Corporation issued dollar-denominated junk bonds worth $450 million. It intends to use the proceeds of the loan for the acquisition of PMC-Sierra.
The issuance of US leveraged loans fell to zero last week. However, in the previous week, ~$4.9 billion in dollar-denominated senior loans were priced.
The demand for industrial semiconductors will be driven by the LED (light-emitting diodes) lighting sector, security, energy management, and medical devices.
Microsemi has made a third offer for the acquisition of PMC-Sierra, increasing the cash component. The revised offer values PMC-Sierra at $12.05 per share.
The bid by Microsemi gave PMC-Sierra an edge to renegotiate with Skyworks and get a better offer. Both Microsemi and Skyworks revised their offers for PMC.
Microsemi, a manufacturer of high-performance semiconductors, made a cash-stock offer of $2.2 billion to acquire semiconductor company PMC-Sierra (PMCS).
Symmetricom, Inc. (SYMM) detailed investment thesis The “Old SYMM” presently outweighs the new/good, and (as mentioned previously) is leveraged to traditional sync timekeeping solutions on the communications side. On the government/enterprise front, you have frequency instruments and other time and measurement solutions that are highly leveraged to the at-risk DoD spending/budget. Reversing the sign of […]
