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The hedge fund has a 6.7% stake in the chipmaker, which has long been trying to address performance and governance issues and has been looking for a CFO since May.
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
The mixed-signal semiconductor specialist looks for its next major buyout while the ink is still drying on the last one. Investors are nervous about this deal hunger.