|Bid||0.00 x 93200|
|Ask||137.75 x 82500|
|Day's Range||128.25 - 132.75|
|52 Week Range||76.00 - 297.50|
|PE Ratio (TTM)||-12.98|
|Earnings Date||Dec 4, 2017 - Dec 8, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||137.00|
U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications. Canyon Bridge Capital Partners' planned $1.3-billion acquisition of Lattice Semiconductor Corp was one of the largest attempted by a Chinese-backed firm in the U.S. microchip sector and was the first announced deal for the buyout fund, which launched last year with a focus on technology investment. U.S. regulatory scrutiny grew after Reuters reported in November that Canyon Bridge was funded partly by capital from China's central government and had indirect links to its space program.
The launch contained few surprises, with leaked details on the phone and other products including an updated Apple Watch proving largely accurate. Investors and fans have viewed the tenth-anniversary iPhone launch as an opportunity for Apple to refresh a smartphone lineup that had lagged the competition in new features. Last year the company's revenue declined when many consumers rejected the iPhone 7 as being too similar to the iPhone 6.
When Apple Inc unveils new iPhones on Tuesday at its Apple Park "spaceship" campus, there may be important clues for the watchers of seven semiconductor stocks. Apple exerts a sun-like gravitational pull on the global electronics supply chain, affecting the pricing of commodities like flash memory chips - it consumes 18 percent of global supply. The iPhone maker can make or break small, specialty chip suppliers.