- TheStreet.com•12 hours ago
New mobile chip launches could yield more pain for an industry that's already having a rough time.
- Barrons.com•18 hours ago
Qualcomm (QCOM) has long ruled the roost in baseband chips, the device that negotiates your phone’s connection to the cell tower. Instead, like a colossus in quicksand, Qualcomm has made less and less money from the smartphone market, as growth has slowed and as cheap devices have brought down the value of the business for everyone. Both Qualcomm and Intel last week unveiled new chips, in advance of the giant mobile trade show taking place this week in Barcelona, the Mobile World Congress.
Quite a contrast today in the world of fiber optics, as shares of Acacia Communications (ACIA) sold off by 15% after the company yesterday afternoon beat Q4 revenue and profit expectations, but forecast this quarter’s revenue well below consensus, while shares of Applied Optoelectronics (AAOI) soared by $8.51, or 23%, to close at $45.98, after the company yesterday reported its own results that slightly beat Q4 expectations and forecast this quarter’s results well ahead of consensus. Applied also told the Street it thinks that over the “long term” it can have gross profit margin in a range of 37% to 40%, versus the 33% to 35% it had been talking about up until yesterday. Said Lin, “as the 100G transition accelerates this year, we see the opportunity to build on our momentum and expand our market leadership." Richard Shannon with Craig Hallum reiterated a Buy rating in response, and raised his price target to $53 from $39, writing that the impressive results and forecast are “even more impressive” given that “its data center sales are still skewed toward 40G sales, which is a more competitive market, and is still in very early innings to ramp its 100G LR (10km) solution where GMs [gross margins] are high." Shannon likes the margin outlook: AAOI’s 4Q GM of 38% were an all-time high, but should be beaten in 1Q and possibly beyond.
INTC : Summary for Intel Corporation - Yahoo Finance
Intel Corporation (INTC)
NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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|Bid||36.48 x 100|
|Ask||36.51 x 1000|
|Day's Range||35.95 - 36.53|
|52 Week Range||29.50 - 38.45|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||17.23|
|Dividend & Yield||1.04 (2.87%)|
|1y Target Est||N/A|